Thayer, IA
Population 50 · Iowa
About Thayer, IA
Thayer is a small community located in Iowa with a population of 50 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,500 per year, which is 30% below the national median of $75,149. The median age of 13 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Thayer features a median home value of $26,000, which is 89% below the national median of $244,900. This makes Thayer one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 19 total housing units, 100% are owner-occupied (12 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Thayer shows an unemployment rate of 6.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Thayer have an average one-way commute time of 75.7 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
4.2% of Thayer 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 0.0% 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 Thayer Ranks in Iowa
Cost of Living in Thayer, IA
Compared to national averages, Thayer has a median household income of $52,500 (30% below the national median of $75,149). Home values average $26,000, which is 89% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Thayer's income is 23% below the state average of $67,947, and home values are 80% below the state median of $132,237.
Why Live in Thayer, IA?
Thayer offers affordable housing with a median home value of $26,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 0.0%, better than the national average.
Potential considerations include median household income ($52,500) that falls below the national average. However, Thayer’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Thayer has a population of 50 with a median age of 13 years. Compare Thayer 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 Thayer
What is the population of Thayer, IA?
The population of Thayer, IA is 50 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 Thayer?
The median household income in Thayer, IA is $52,500 per year, which is 30% below the national median of $75,149.
What is the median home value in Thayer?
The median home value in Thayer, IA is $26,000, which is 89% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Thayer?
The median monthly rent in Thayer, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Thayer?
The unemployment rate in Thayer, IA is 6.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Thayer, IA a good place to live?
Thayer offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 50 and a median age of 13, the city appeals to young professionals and families.
How educated is Thayer, IA?
4.2% of residents in Thayer 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 Thayer?
Key cost-of-living indicators for Thayer, IA: median home value is $26,000 (89% below national), median rent is $0/month, and median household income is $52,500. The home-value-to-income ratio is 0.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Thayer?
The poverty rate in Thayer, IA is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Thayer, IA?
Thayer's population is 0.0% 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.