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Bassett, IA

Iowa

Bassett is a small town in Iowa with a population of 58. Residents earn $60,438 per year, which is 20% below the national average.

4.2 /5.0
A Great
58 Population 149/sq mi density
$60,438 Median Income $38,164 per capita
$82,300 Home Value
47°F Avg Temperature 260 sunny days/yr
A
Overall
4.2 / 5.0
Great overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$60,438 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$82,300 home value
A+
Education
4.6 / 5.0
0.0% bachelor's degree or higher
Median Income $60,438
20% lower than US avg
Home Value $82,300
71% lower than US avg
Bachelor's+ 0.0%
100% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 33.3%
169% higher than US avg

How Bassett Compares to the U.S. Average (100% = U.S. avg)

People

Population58
Median Age69.4 yrs
Density149/mi²
Male / Female40% / 60%
Largest GroupWhite 95%
Veterans58.0%

Economy

B
Median Income$60,438
Per Capita$38,164
Unemployment0.0%
Poverty33.3%
County GDP$1,087M
Commute13 min

Housing

A+
Home Value$82,300
RentN/A
OwnershipN/A
Housing Units36
Rent Burden18.6%

Climate

Avg Temp47°F (8°C)
AQI43 (Good)
Rain37.7 in/yr
Sunny Days260/yr
Elevation1,032 ft (315 m)

Education

A+
Bachelor's+0.0%
High School+90.9%
Graduate+0.0%
School Score5.73

Community

2024 VoteR 68% / D 31%
Commute13 min
Broadband43.0%
Libraries6

Is Bassett a Good Place to Live?

Based on current data, Bassett receives an overall livability score of 4.2 out of 5.0, earning a grade of A. Key strengths include low unemployment, affordable housing, abundant sunshine, high health insurance coverage. Areas to be aware of include an elevated poverty rate. Bassett stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Bassett is $60,438, 20% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. The poverty rate of 33.3% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 13 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Bassett is $82,300, 71% below the national median — offering relatively affordable homeownership. At just 1.4x median income, home prices are very affordable relative to local earnings.

Education

0.0% of residents hold a bachelor's degree, below the national average of 33.7%. 90.9% have completed high school. Area schools have an average test score of 5.7/10.

Climate & Weather

Bassett experiences four distinct seasons with an average temperature of 47°F. Winters average 17°F in January while summers reach 72°F in July. With 260 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 37.7 inches, including 37.5 inches of snow. Air quality is rated Good with a median AQI of 43.

Bassett has a population of 58 with a density of 149 people per square mile. The median age is 69.4 years, 78% older than the national median of 38.9. The city is predominantly White (94.8%).

Population

58
Total Population
149
People / sq mi
69.4yrs
Median Age
78% above US avg
0.4mi²
Land Area

Gender Distribution

Male 39.7%
Female 60.3%

Race & Ethnicity

Bassett vs U.S. Average

Language Spoken at Home

English Only92.0%
17% above US avg
Spanish8.0%
40% below US avg

Social Characteristics

Bassett vs U.S. Average

The median household income in Bassett is $60,438, which is 20% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 33.3% of residents live below the poverty line. Workers commute an average of 13 minutes.

Income: Bassett vs U.S.

Commute Mode

Income

Median HH Income$60,438
20% below US avg
Per Capita Income$38,164
Avg Weekly Wage$1,066
IRS Avg AGI$81,462

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate33.3%
169% above US avg
Establishments (County)430
County GDP$1,087M

Business (County)

Restaurants20
Healthcare34
Retail46
Manufacturing33

Tax & Cost of Living

Property Tax (IRS)$3,062
13% below US avg
Effective Tax Rate3.72%

Commute & Transportation

Commute Time12.7 min
Drive Alone100.0%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Bassett is $82,300, 71% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$82,300
71% below US avg

Real Estate Market (Redfin)

Rental Costs

Rent Burden18.6%

HUD Fair Market Rent

Studio$738
1 Bedroom$788
2 Bedrooms$989
3 Bedrooms$1,282
4 Bedrooms$1,420

Ownership & Property

Owner-Occupied95.3%
Housing Units36
Median Year Built1938

Property Tax

Avg Tax (IRS)$3,062
13% below US avg
Effective Rate3.72%
Bassett has an average annual temperature of 47°F (8°C). Winters average 17°F in January while summers reach 72°F in July. Annual precipitation is 37.7 inches. The area enjoys 260 sunny days per year. Air quality is rated Good with a median AQI of 43.

Temperature

17°F Jan (-9°C) 72°F Jul (22°C)
Annual Average46.5°F
14% below US avg
January Average17°F (-9°C)
July Average72°F (22°C)
Sunny Days260 days/yr

Precipitation & Snow

Annual Rainfall37.7 inches
1% below US avg
Snowfall37.5 inches/yr

Air Quality

AQI Median43.0
RatingGood

Geography

Elevation1,032 ft (315 m)
Area0.4 sq mi (1.0 km²)
Population Density149/sq mi
Coordinates43.0616°N, 92.5153°W
TimezoneAmerica/Chicago
County FIPS19037
It is classified as Nonmetro — Rural, adjacent. 0.0% of residents hold a bachelor's degree or higher (100% below US avg). In the 2024 election, the county voted Republican by a 37.2-point margin. 43.0% of households have broadband internet.

2024 Presidential Election (County)

R 68%
D 30.8%

Winner: Republican by 37.2 points

Education

Bachelor's Degree+0.0%
100% below US avg
High School+90.9%
Graduate Degree+0.0%
School Test Score5.73
A+ Education Grade (4.6/5.0)

Urban-Rural Classification

RUCC Code 8Nonmetro — Rural, adjacent
Population Density149/sq mi
Total Area0.4 sq mi

Infrastructure & Services

Broadband Access43.0%
Public Libraries6
Healthcare Facilities34
Restaurants20
Retail Stores46

Safety & Disasters

Fatal Crashes (County/yr)4

Commute & Transportation

Avg Commute12.7 min
Drive Alone100.0%
Public Transit0.0%
Work from Home0.0%

Nearby Cities

Nashua, IA 1,634 pop · 7.8 mi Charles City, IA 7,321 pop · 8.0 mi New Hampton, IA 3,462 pop · 10.1 mi Fredericksburg, IA 1,040 pop · 17.4 mi Greene, IA 1,390 pop · 18.5 mi Clarksville, IA 1,248 pop · 21.0 mi Osage, IA 3,578 pop · 21.4 mi Tripoli, IA 1,256 pop · 21.8 mi Waverly, IA 10,446 pop · 23.6 mi Shell Rock, IA 1,634 pop · 24.4 mi Nora Springs, IA 1,394 pop · 25.5 mi Allison, IA 1,028 pop · 25.7 mi Sumner, IA 2,159 pop · 25.7 mi Denver, IA 2,216 pop · 28.7 mi
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