Wahpeton, IA
Population 436 · Iowa
About Wahpeton, IA
Wahpeton is a small community located in Iowa with a population of 436 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,667 per year, which is 15% above the national median of $75,149. The median age of 55 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Wahpeton features a median home value of $463,300, which is 89% above the national median of $244,900. This places Wahpeton in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 754 total housing units, 80% are owner-occupied (169 units) and 20% are renter-occupied (43 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wahpeton 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 5.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wahpeton have an average one-way commute time of 15.5 minutes, one of the shorter commutes in the region.
Education & Demographics
57.7% of Wahpeton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.3% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.5% of the population being foreign-born.
How Wahpeton Ranks in Iowa
Cost of Living in Wahpeton, IA
Compared to national averages, Wahpeton has a median household income of $86,667 (15% above the national median of $75,149). Home values average $463,300, which is 89% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Wahpeton's income is 28% above the state average of $67,947, and home values are 250% above the state median of $132,237.
Why Live in Wahpeton, IA?
Wahpeton offers a strong local economy with a median household income of $86,667, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 57.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.3%, better than the national average, and short commute times averaging just 15.5 minutes.
Potential considerations include a competitive housing market where the typical home costs $463,300. However, Wahpeton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wahpeton has a population of 436 with a median age of 55 years. Compare Wahpeton with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Wahpeton
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Breda | 436 | $59,469 | $133,600 | Compare |
| McCallsburg | 435 | $72,898 | $169,000 | Compare |
| Silver City | 435 | $68,214 | $139,000 | Compare |
| Grandview | 438 | $46,750 | $134,000 | Compare |
| Scranton | 434 | $60,000 | $58,600 | Compare |
| Conesville | 440 | $59,250 | $67,000 | Compare |
| Galva | 432 | $70,714 | $80,700 | Compare |
| Marquette | 432 | $38,125 | $137,000 | 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.
Compare Wahpeton With Other Cities
Frequently Asked Questions about Wahpeton
What is the population of Wahpeton, IA?
The population of Wahpeton, IA is 436 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 Wahpeton?
The median household income in Wahpeton, IA is $86,667 per year, which is 15% above the national median of $75,149.
What is the median home value in Wahpeton?
The median home value in Wahpeton, IA is $463,300, which is 89% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wahpeton?
The median monthly rent in Wahpeton, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Wahpeton?
The unemployment rate in Wahpeton, 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 Wahpeton, IA a good place to live?
Wahpeton offers above-average incomes, a competitive housing market, and a strong job market. With a population of 436 and a median age of 55, the city appeals to established professionals and retirees.
How educated is Wahpeton, IA?
57.7% of residents in Wahpeton aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Wahpeton?
Key cost-of-living indicators for Wahpeton, IA: median home value is $463,300 (89% above national), median rent is $0/month, and median household income is $86,667. The home-value-to-income ratio is 5.3x, a moderate figure by national standards.
What is the poverty rate in Wahpeton?
The poverty rate in Wahpeton, IA is 5.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wahpeton, IA?
Wahpeton's population is 2.3% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.5% of residents are foreign-born.