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CITY · 2020 ACS

Bassett

Iowa · 45 residents · 0.392 sq mi
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The short version

Bassett has lower-than-average household income, with a median household income of $51,250. Population has fallen 39% since 2000, a loss of 29 residents. 0% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $72,900. With a median age of 52.5, the population is older than the US median of 38.8.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 52.5
US median: 38.8
Less educated
0% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
45
−39%since 2000
from 74 in 2000
1990 – 2025
Population density
115 / sq mi
−39%since 2000
from 189 / sq mi in 2000
US average: 280
Median age
52.5
+27%since 2000
from 41.5 in 2000
US average: 38.8
Population, 1990 – 2024
27425873881990201020202024Bassett
202450
1990201020202024
Section 02

Income & economy

Median household income
$51,250
+14%inflation adjusted, since 2000
from $30,000 in 2000
US average: $66,278
1990 – 2024
Per capita income
$35,664
+172%since 2000
from $13,131 in 2000
US average: $35,364
Households earning $100K+
14.3%
−30.2 ptssince 2009
from 44.4% in 2009
US average: 43.9%
Poverty rate
16.7%
+1.7 ptssince 2000
from 14.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade31.3%
US avg: 10%
Agriculture, forestry, fishing12.5%
US avg: 1.7%
Construction12.5%
US avg: 1.2%
Other services12.5%
US avg: 6.6%
Public administration12.5%
US avg: 4.7%
Wholesale trade6.3%
US avg: 6.7%
Information6.3%
US avg: 11.1%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$72,900
+23%inflation adjusted, since 2000
from $39,500 in 2000
US average: $265,253
1990 – 2024
Owner-occupied
76.9%
−16.2 ptssince 2000
from 93.1% in 2000
23.1% rent
Afford Score
1.4
+8%since 2000
from 1.3 in 2000
1990 – 2024
RELATED:See current rent listings in Bassett on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic100%(74)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%
Diversity Score0%(0)
2020
White, non-Hispanic97.8%(44)
Black0%(0)
Hispanic / Latino2.2%(1)
Asian0%(0)
Other0%(0)
Diversity Score5.4%(2)
Diversity Score
5
from 0 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
0.0%
Unchangedsince 2000
from 0.0% in 2000
US average: 32.9%
High school or higher
88.1%
+9.2 ptssince 2000
from 78.8% in 2000
US average: 88.5%
Graduate degree
0.0%
Unchangedsince 2000
from 0.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
50.6 min
+192%since 2000
from 17.3 min in 2000
US average: 26.9
Drive alone to work
68.8%
−29.3 ptssince 2009
from 98.0% in 2009
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
−5.6 ptssince 2011
from 5.6% in 2011
US average: 5.4%
Labor force participation
38.1%
−27.4 ptssince 2011
from 65.5% in 2011
US average: 63.4%
Management & professional
37.5%
−12.5 ptssince 2009
from 50.0% in 2009
US average: 39.3%
Section 08

People & community

Male
28.6%
−23.3 ptssince 2009
from 51.9% in 2009
Female
71.4%
+23.3 ptssince 2009
from 48.1% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
0.0%
−90.5 ptssince 2013
from 90.5% in 2013
US average: 8.8%
Drill deeper

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Compare Bassett to nearby cities

BASSETT VS
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Income$80,284+57%
Home value$223,300+206%
Population10,561+24460%
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BASSETT VS
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Income$64,804+26%
Home value$142,000+95%
Population26,853+62349%
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BASSETT VS
Cedar Falls
Income$76,987+50%
Home value$263,600+262%
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BASSETT VS
Waterloo
Income$57,480+12%
Home value$152,600+109%
Population66,919+155526%
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Frequently asked

How many people live in Bassett, Iowa?

Bassett, Iowa has about 45 residents according to the 2020 American Community Survey.

What is the median household income in Bassett, Iowa?

The typical household in Bassett, Iowa earns about $51,250 a year. Half of households make more than that, and half make less.

Is Bassett, Iowa expensive?

In Bassett, Iowa, the median home is worth about $72,900.

How educated are people in Bassett, Iowa?

About 0.0% of adults age 25 and over in Bassett, Iowa hold a bachelor's degree or higher.

What is the poverty rate in Bassett, Iowa?

About 16.7% of people in Bassett, Iowa live below the federal poverty line.

Has Bassett, Iowa grown since 1990?

Yes, Bassett, Iowa has shrunk since 1990. The population has lost about 38 residents, a change of about -46 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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