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Letts, IA

Full City Profile · Iowa · Louisa County County

2.9 /5.0
C+ Fair
382 Population 670/sq mi density
$75,625 Median Income $35,823 per capita
$103,700 Home Value $130,993 Zillow
$942 Median Rent 18.8% income on rent
49°F Avg Temperature 275 sunny days/yr
607 Violent Crime/100K 2,004 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$75,625 median income, 4.7% unemployment
A+
Affordability
5.0 / 5.0
$103,700 home value, $942/mo rent
F
Safety
1.0 / 5.0
607 violent crimes/100K (60% above avg)
D
Education
1.6 / 5.0
8.0% bachelor's degree or higher

Income Overview

Median Household Income
$75,625
1% above
US avg: $75,149
Per Capita Income
$35,823
8% below
US avg: $39,052
Unemployment Rate
4.7%
31% above
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Letts vs. U.S. Average

Each bar shows Letts’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$75,625
101%
Per Capita
US: $39,052
$35,823
92%
IRS Avg AGI
US: $72,000
$67,697
94%
Avg Weekly Wage
US: $1,432
$1,007
70%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,007
30% below US avg ($1,432)
Mean Commute Time
24 min
14% below US avg (28 min)
Work From Home
0.5%
97% below US avg (15.2%)
Drive Alone
97.3%
33% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$930M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 97.3%
Public Transit 0%
Work From Home 0.5%
Other 2.2%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
281
Restaurants
12
Healthcare
22
Retail
24
Manufacturing
12

Tax & Financial

IRS Avg Adjusted Gross Income
$67,697
6% below US avg ($72,000)
Avg Property Tax
$2,750
21% below US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$75,625
Per Capita Income$35,823
IRS Avg Adjusted Gross Income$67,697
Avg Weekly Wage$1,007
County GDP$930M

Hardship Indicators

Unemployment Rate4.7%
Poverty Rate0.0%
Gini Coefficient0.426
Cost of Living Index87.8

Commute

Mean Commute24 minutes
Drive Alone97.3%
Public Transit0.0%
Work From Home0.5%

Businesses

Total Establishments281
Restaurants12
Healthcare22
Retail24
Manufacturing12

Tax

IRS Avg AGI$67,697
Avg Property Tax$2,750