Thor, IA
Population 276 · Iowa
About Thor, IA
Thor is a small community located in Iowa with a population of 276 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,250 per year, which is 25% below the national median of $75,149. The median age of 28.2 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 Thor features a median home value of $0, which is 100% below the national median of $244,900. This makes Thor one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $979, 16% below the national average of $1,163/month. Of the 147 total housing units, 86% are owner-occupied (110 units) and 14% are renter-occupied (18 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Thor shows an unemployment rate of 9.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 44.6%, above the national average of 12.4%. Workers in Thor have an average one-way commute time of 30.4 minutes.
Education & Demographics
6.0% of Thor 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 17.4% White, 4.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 14.9% of the population being foreign-born.
Cost of Living in Thor, IA
Compared to national averages, Thor has a median household income of $56,250 (25% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $979 is 16% below the US average of $1,163. Within Iowa, Thor's income is 17% below the state average of $67,947, and home values are 100% below the state median of $132,237.
Why Live in Thor, IA?
Thor offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $979/month.
Potential considerations include median household income ($56,250) that falls below the national average. However, Thor’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Thor has a population of 276 with a median age of 28.2 years. Compare Thor with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Thor
Cities in Iowa with a similar population size.
Demographics
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Economy & Education
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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 Thor
What is the population of Thor, IA?
The population of Thor, IA is 276 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 Thor?
The median household income in Thor, IA is $56,250 per year, which is 25% below the national median of $75,149.
What is the median home value in Thor?
The median home value in Thor, IA is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Thor?
The median monthly rent in Thor, IA is $979, which is 16% below the national average of $1,163/month.
What is the unemployment rate in Thor?
The unemployment rate in Thor, IA is 9.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Thor, IA a good place to live?
Thor offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 276 and a median age of 28.2, the city appeals to young professionals and families.
How educated is Thor, IA?
6.0% of residents in Thor 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 Thor?
Key cost-of-living indicators for Thor, IA: median home value is $0 (100% below national), median rent is $979/month, and median household income is $56,250. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Thor?
The poverty rate in Thor, IA is 44.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Thor, IA?
Thor's population is 17.4% White, 4.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 14.9% of residents are foreign-born.