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CITY

Carpenter

Iowa · 92 residents (2025 est.) · 0.351 sq mi
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The short version

Carpenter has roughly average household income, with a median household income of $74,107. Population has fallen 38% since 2000, a loss of 49 residents. 14% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $63,900. With a median age of 51.9, the population is older than the US median of 38.9.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 51.9
US median: 38.9
Less educated
14% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
81
−38%since 2000
from 130 in 2000
1990 – 2025
Population density
231 / sq mi
−38%since 2000
from 370 / sq mi in 2000
US average: 281
Median age
51.9
+67%since 2000
from 31.0 in 2000
US average: 38.9

PEP 2025 EST:92 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
2352821111401990201020202024Carpenter
202481
1990201020202024
Section 02

Income & economy

Median household income
$74,107
+48%inflation adjusted, since 2000
from $27,500 in 2000
US average: $82,259
1990 – 2024
Per capita income
$51,567
+247%since 2000
from $14,864 in 2000
US average: $44,673
Households earning $100K+
45.3%
+45.3 ptssince 2009
from 0.0% in 2009
US average: 53.3%
Poverty rate
8.6%
+3.4 ptssince 2000
from 5.3% in 2000
US average: 12.5%
Income inequality (Gini)
0.412
+3%since 2010
from 0.398 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade36.4%
US avg: 9.9%
Agriculture, forestry, fishing12.7%
US avg: 1.6%
Construction12.7%
US avg: 1.2%
Wholesale trade5.5%
US avg: 6.9%
Finance & insurance3.6%
US avg: 5.9%
Professional, scientific, technical3.6%
US avg: 5.1%
Information1.8%
US avg: 10.8%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$63,900
+12%inflation adjusted, since 2000
from $31,300 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$767
from $0 in 2000
US average: $1,442
Owner-occupied
84.9%
−1.1 ptssince 2000
from 86.0% in 2000
15.1% rent
Vacancy rate
8.6%
−5.2 ptssince 2009
from 13.8% in 2009
US average: 10.0%
Owner cost-burdened
6.7%
−17.3 ptssince 2009
from 24.0% in 2009
US average: 22.9%
Renter cost-burdened
62.5%
+62.5 ptssince 2010
from 0.0% in 2010
US average: 47.4%
Afford Score
0.9
−24%since 2000
from 1.1 in 2000
1990 – 2024
Gentrification Score
67
RELATED:See current rent listings in Carpenter on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic100%(130)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%
Diversity Score0%(0)
2024
White, non-Hispanic81.5%(66)
Black0%(0)
Hispanic / Latino16%(13)
Asian1.2%(1)
Other1.2%(1)
Diversity Score38.8%(31)
Diversity Score
39
from 0 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
14.1%
+6.4 ptssince 2000
from 7.7% in 2000
US average: 35.6%
High school or higher
83.1%
+8.4 ptssince 2000
from 74.7% in 2000
US average: 89.6%
Graduate degree
0.0%
−2.2 ptssince 2000
from 2.2% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
32.3 min
+106%since 2000
from 15.7 min in 2000
US average: 26.5
Drive alone to work
86.3%
−13.7 ptssince 2009
from 100.0% in 2009
US average: 68.9%
Carpooled to work
3.9%
+3.9 ptssince 2009
from 0.0% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
7.8%
+7.8 ptssince 2009
from 0.0% in 2009
US average: 15.0%
Walked to work
2.0%
+2.0 ptssince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
1.9%
+1.9 ptssince 2009
from 0.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2011
from 0.0% in 2011
US average: 5.2%
Labor force participation
76.4%
−2.9 ptssince 2011
from 79.3% in 2011
US average: 63.5%
Self-employed
9.1%
−1.4 ptssince 2009
from 10.5% in 2009
US average: 13.1%
Management & professional
41.8%
−16.1 ptssince 2009
from 57.9% in 2009
US average: 42.5%
Section 08

People & community

Male
65.4%
−4.3 ptssince 2009
from 69.7% in 2009
Female
34.6%
+4.3 ptssince 2009
from 30.3% in 2009
Foreign born
1.2%
+1.2 ptssince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
15.3%
−57.8 ptssince 2009
from 73.1% in 2009
US average: 6.2%
With a disability
17.3%
+11.2 ptssince 2012
from 6.1% in 2012
US average: 13.3%
Uninsured
0.0%
−79.6 ptssince 2013
from 79.6% in 2013
US average: 8.4%
Broadband at home
88.7%
+16.5 ptssince 2017
from 72.2% in 2017
US average: 91.0%
English only at home
93.7%
+11.5 ptssince 2016
from 82.2% in 2016
US average: 77.7%
Spanish at home
5.1%
+4.1 ptssince 2016
from 1.0% in 2016
US average: 13.6%
Drill deeper

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Compare Carpenter to nearby cities

CARPENTER VS
Austin
Income$68,057−8%
Home value$163,900+156%
Population26,689+28910%
SEE FULL COMPARISON →
CARPENTER VS
Mason City
Income$64,804−13%
Home value$142,000+122%
Population26,853+29088%
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CARPENTER VS
Albert Lea
Income$64,603−13%
Home value$157,500+146%
Population18,217+19701%
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CARPENTER VS
Owatonna
Income$80,750+9%
Home value$245,200+284%
Population26,633+28849%
SEE FULL COMPARISON →
Frequently asked

How many people live in Carpenter, Iowa?

Carpenter, Iowa has about 81 residents according to the 2024 American Community Survey.

What is the median household income in Carpenter, Iowa?

The typical household in Carpenter, Iowa earns about $74,107 a year. Half of households make more than that, and half make less.

Is Carpenter, Iowa expensive?

In Carpenter, Iowa, the median home is worth about $63,900, and the typical rent is about $767 a month.

How educated are people in Carpenter, Iowa?

About 14.1% of adults age 25 and over in Carpenter, Iowa hold a bachelor's degree or higher.

What is the poverty rate in Carpenter, Iowa?

About 8.6% of people in Carpenter, Iowa live below the federal poverty line.

Has Carpenter, Iowa grown since 1990?

Yes, Carpenter, Iowa has shrunk since 1990. The population has lost about 19 residents, a change of about -19 percent over that period.

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

How we source and harmonize this data →

Carpenter, Iowa: demographics, income & housing data · CensusEasy