Slater, IA
Population 1,498 · Iowa
About Slater, IA
Slater is a small community in Iowa with a population of 1,498 residents. The median household income is $87,708 per year, which is above the national average. The median age in Slater is 39 years.
Housing in Slater has a median home value of $222,000 and median monthly rent of $877. Of the 615 total housing units, the majority are owner-occupied, with 515 owner-occupied and 80 renter-occupied units.
The unemployment rate in Slater is 0.4% and the poverty rate is 5.4%. 34.0% of residents hold a bachelor's degree or higher. The average commute time is 23 minutes.
How Slater Ranks in Iowa
Cost of Living in Slater, IA
Compared to national averages, Slater has a median household income of $87,708 (17% above the national median of $75,149). Home values average $222,000, which is 9% below the national median. Monthly rent at $877 is 25% below the US average of $1,163. Within Iowa, Slater's income is 29% above the state average of $67,947, and home values are 68% above the state median of $132,237.
Why Live in Slater, IA?
Slater offers a strong local economy with a median household income of $87,708, well above the national average, and affordable housing with a median home value of $222,000, below the US average of $244,900, and rent that’s lower than the national average at $877/month. Additionally, the city features a strong job market with an unemployment rate of just 0.4%, and a well-educated community where 34.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.4%, better than the national average, and short commute times averaging just 23 minutes.
Slater has a population of 1,498 with a median age of 39 years. Compare Slater with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Slater
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oakland | 1,500 | $72,500 | $144,600 | Compare |
| Fairbank | 1,509 | $100,172 | $173,200 | Compare |
| Sanborn | 1,510 | $56,477 | $150,900 | Compare |
| Panora | 1,520 | $65,500 | $164,500 | Compare |
| Lenox | 1,474 | $59,750 | $106,000 | Compare |
| Manning | 1,474 | $62,310 | $109,400 | Compare |
| Van Meter | 1,469 | $133,750 | $250,300 | Compare |
| Traer | 1,464 | $79,653 | $131,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
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 Slater
What is the population of Slater, IA?
The population of Slater, IA is 1,498 according to the latest Census data.
What is the median household income in Slater?
The median household income in Slater, IA is $87,708 per year.
What is the median home value in Slater?
The median home value in Slater, IA is $222,000.
What is the average rent in Slater?
The median monthly rent in Slater, IA is $877.
What is the unemployment rate in Slater?
The unemployment rate in Slater, IA is 0.4%.