Rutland, IA
Population 130 · Iowa
About Rutland, IA
Rutland is a small community located in Iowa with a population of 130 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,895 per year, which is 10% above the national median of $75,149. The median age of 41.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Rutland features a median home value of $50,800, which is 79% below the national median of $244,900. This makes Rutland one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $775, 33% below the national average of $1,163/month. Of the 77 total housing units, 93% are owner-occupied (65 units) and 7% are renter-occupied (5 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Rutland shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Rutland have an average one-way commute time of 21.4 minutes.
Education & Demographics
5.8% of Rutland residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Rutland Ranks in Iowa
Cost of Living in Rutland, IA
Compared to national averages, Rutland has a median household income of $82,895 (10% above the national median of $75,149). Home values average $50,800, which is 79% below the national median. Monthly rent at $775 is 33% below the US average of $1,163. Within Iowa, Rutland's income is 22% above the state average of $67,947, and home values are 62% below the state median of $132,237.
Why Live in Rutland, IA?
Rutland offers a strong local economy with a median household income of $82,895, well above the national average, and affordable housing with a median home value of $50,800, below the US average of $244,900, and rent that’s lower than the national average at $775/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 3.1%, better than the national average, and short commute times averaging just 21.4 minutes.
Rutland has a population of 130 with a median age of 41.5 years. Compare Rutland with other cities to see how it stacks up, or explore all cities in Iowa.
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Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Rutland
What is the population of Rutland, IA?
The population of Rutland, IA is 130 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Rutland?
The median household income in Rutland, IA is $82,895 per year, which is 10% above the national median of $75,149.
What is the median home value in Rutland?
The median home value in Rutland, IA is $50,800, which is 79% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rutland?
The median monthly rent in Rutland, IA is $775, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Rutland?
The unemployment rate in Rutland, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Rutland, IA a good place to live?
Rutland offers above-average incomes, affordable housing, and a strong job market. With a population of 130 and a median age of 41.5, the city appeals to a broad range of residents.
How educated is Rutland, IA?
5.8% of residents in Rutland aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Rutland?
Key cost-of-living indicators for Rutland, IA: median home value is $50,800 (79% below national), median rent is $775/month, and median household income is $82,895. The home-value-to-income ratio is 0.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Rutland?
The poverty rate in Rutland, IA is 3.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Rutland, IA?
Rutland's population is 1.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.