Walcott, IA
Population 1,895 · Iowa
About Walcott, IA
Walcott is a small town located in Iowa with a population of 1,895 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,756 per year, which is 10% above the national median of $75,149. The median age of 40.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Walcott features a median home value of $171,800, which is 30% below the national median of $244,900. This positions Walcott in a moderately priced market relative to the rest of the country. Median monthly rent is $778, 33% below the national average of $1,163/month. Of the 856 total housing units, 76% are owner-occupied (581 units) and 24% are renter-occupied (185 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Walcott shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Walcott have an average one-way commute time of 20.5 minutes.
Education & Demographics
19.8% of Walcott 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 3.5% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Walcott, IA
Compared to national averages, Walcott has a median household income of $82,756 (10% above the national median of $75,149). Home values average $171,800, which is 30% below the national median. Monthly rent at $778 is 33% below the US average of $1,163. Within Iowa, Walcott's income is 22% above the state average of $67,947, and home values are 30% above the state median of $132,237.
Why Live in Walcott, IA?
Walcott offers a strong local economy with a median household income of $82,756, well above the national average, and affordable housing with a median home value of $171,800, below the US average of $244,900, and rent that’s lower than the national average at $778/month. Additionally, the city features a strong job market with an unemployment rate of just 3.2%, and a low poverty rate of 8.6%, better than the national average, and short commute times averaging just 20.5 minutes.
Walcott has a population of 1,895 with a median age of 40.1 years. Compare Walcott with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Walcott
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Remsen | 1,897 | $98,250 | $184,700 | Compare |
| Ogden | 1,902 | $70,556 | $155,800 | Compare |
| Durant | 1,904 | $82,563 | $202,000 | Compare |
| Ida Grove | 1,904 | $63,194 | $96,000 | Compare |
| Pleasantville | 1,883 | $67,692 | $161,500 | Compare |
| Britt | 1,919 | $64,257 | $96,300 | Compare |
| Granger | 1,919 | $112,125 | $290,100 | Compare |
| Peosta | 1,922 | $120,375 | $304,600 | 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 Walcott With Other Cities
Frequently Asked Questions about Walcott
What is the population of Walcott, IA?
The population of Walcott, IA is 1,895 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Iowa.
What is the median household income in Walcott?
The median household income in Walcott, IA is $82,756 per year, which is 10% above the national median of $75,149.
What is the median home value in Walcott?
The median home value in Walcott, IA is $171,800, which is 30% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Walcott?
The median monthly rent in Walcott, IA is $778, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Walcott?
The unemployment rate in Walcott, IA is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Walcott, IA a good place to live?
Walcott offers above-average incomes, affordable housing, and a strong job market. With a population of 1,895 and a median age of 40.1, the city appeals to a broad range of residents.
How educated is Walcott, IA?
19.8% of residents in Walcott 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 Walcott?
Key cost-of-living indicators for Walcott, IA: median home value is $171,800 (30% below national), median rent is $778/month, and median household income is $82,756. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Walcott?
The poverty rate in Walcott, IA is 8.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Walcott, IA?
Walcott's population is 3.5% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 1.6% two or more races. 0.0% of residents are foreign-born.