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NEIGHBORHOOD

Drake

Iowa · Des Moines · 8,162 residents · 1.261 sq mi
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The short version

Drake has notably lower household income than the US average, with a median household income of $48,691. Population has held roughly steady since 2024. Median home value is $186,073. At a median age of 26.5, residents skew younger than the country as a whole. The poverty rate of 28.4% is well above the national figure. Households here earn about 26% less than the Des Moines median. These figures are approximated by combining the 2 census tracts that make up Drake; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 26.5
US median: 38.9
Average education
33% hold a bachelor's degree
US average: 36%
Renter-heavy
45% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
8,162
Population density
6,473 / sq mi
US average: 281
Median age
26.5
US average: 38.9
Section 02

Income & economy

Median household income
$48,691
US average: $82,259
Per capita income
$27,030
US average: $44,673
Households earning $100K+
29.7%
US average: 53.3%
Poverty rate
28.4%
US average: 12.5%
Income inequality (Gini)
0.442
US average: 0.476
Workforce by industry, 2024
Information12.1%
US avg: 10.8%
Retail trade9.2%
US avg: 9.9%
Other services5.5%
US avg: 6.7%
Wholesale trade4.6%
US avg: 6.9%
Finance & insurance3.4%
US avg: 5.9%
Professional, scientific, technical3.4%
US avg: 5.1%
Arts, entertainment, food3.3%
US avg: 1.9%
Public administration3.3%
US avg: 4.8%
Agriculture, forestry, fishing1.9%
US avg: 1.6%
Construction1.9%
US avg: 1.2%
Transportation & warehousing1.9%
US avg: 2.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$186,073
US average: $376,019
Median gross rent
$1,043
US average: $1,442
Owner-occupied
44.7%
55.3% rent
Vacancy rate
6.9%
US average: 10.0%
Owner cost-burdened
40.0%
US average: 22.9%
Renter cost-burdened
56.8%
US average: 47.4%
Afford Score
3.8
RELATED:See current rent listings in Drake on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic64.8%(5,288)
Black13%(1,062)
Hispanic / Latino9.3%(761)
Asian7.8%(635)
Other5.1%(416)
Diversity Score68.2%(5,570)
2024
White, non-Hispanic64.8%(5,288)
Black13%(1,062)
Hispanic / Latino9.3%(761)
Asian7.8%(635)
Other5.1%(416)
Diversity Score68.2%(5,570)
Diversity Score
68
Section 05

Education

Bachelor's degree or higher
32.8%
US average: 35.6%
High school or higher
81.4%
US average: 89.6%
Graduate degree
11.6%
US average: 14.0%
Section 06

Commute & transportation

Average commute
16.6 min
US average: 26.5
Drive alone to work
64.7%
US average: 68.9%
Carpooled to work
9.5%
US average: 8.5%
Public transit
1.7%
US average: 3.2%
Worked from home
11.9%
US average: 15.0%
Walked to work
8.5%
US average: 2.4%
Biked to work
1.3%
US average: 0.4%
No vehicle available
16.8%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
8.5%
US average: 5.2%
Labor force participation
70.2%
US average: 63.5%
Self-employed
15.5%
US average: 13.1%
Management & professional
31.9%
US average: 42.5%
Section 08

People & community

Male
47.7%
Female
52.3%
Foreign born
17.4%
US average: 14.1%
Veterans
2.0%
US average: 6.2%
With a disability
14.1%
US average: 13.3%
Uninsured
8.0%
US average: 8.4%
Broadband at home
92.9%
US average: 91.0%
English only at home
77.4%
US average: 77.7%
Spanish at home
8.6%
US average: 13.6%
Explore

Neighborhoods in Des Moines

BeaverdaleHighland ParkIndianola HillsLower BeaverMerle HaySouthwestern HillsWatrous SouthWaveland ParkNeighborhoods in Des Moines
Drill deeper

Places similar to Drake

Garden District
Pop 8,147
Willmore City
Pop 8,878
Downtown
Pop 7,864
Elvira
Pop 8,111
Places similar to Drake
Head to head

Compare Drake side by side

DRAKE VS
Garden District
Income$46,604−4%
Home value$219,344+18%
Population8,147same
SEE FULL COMPARISON →
DRAKE VS
Willmore City
Income$48,127−1%
Home value$595,790+220%
Population8,878+9%
SEE FULL COMPARISON →
DRAKE VS
Downtown
Income$46,491−5%
Home value$545,113+193%
Population7,864−4%
SEE FULL COMPARISON →
DRAKE VS
Elvira
Income$52,649+8%
Home value$204,840+10%
Population8,111−1%
SEE FULL COMPARISON →
Frequently asked

How many people live in Drake, Des Moines, Iowa?

Drake, Des Moines, Iowa has about 8,162 residents according to the 2024 American Community Survey.

What is the median household income in Drake, Des Moines, Iowa?

The typical household in Drake, Des Moines, Iowa earns about $48,691 a year. Half of households make more than that, and half make less.

Is Drake, Des Moines, Iowa expensive?

In Drake, Des Moines, Iowa, the median home is worth about $186,073, and the typical rent is about $1,043 a month.

How educated are people in Drake, Des Moines, Iowa?

About 32.8% of adults age 25 and over in Drake, Des Moines, Iowa hold a bachelor's degree or higher.

What is the poverty rate in Drake, Des Moines, Iowa?

About 28.4% of people in Drake, Des Moines, Iowa live below the federal poverty line.

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Containing area
Des Moines

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

How we source and harmonize this data →