Housing data for Letts, IA

Letts, IA has an estimated 361 residents and 134 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a city in Louisa County.

13.1% of households rent.

The median gross rent is $950 a month.

Figures last updated on .

Residents
361 (±122)
Housing units
134 (±38)
Households that rent
13.1%
Median gross rent
$950
Residents since 2015–2019
−3.7%

What stands out in Letts

Median home value: $122,400 (±$17,702) in Letts, lower than in Louisa County ($150,100).

Median real estate taxes: $1,443 (±$142) in Letts, lower than in Louisa County ($1,751).

Housing in Letts at a glance

  • Median rent: $950 median gross rent a month (Small sample: wide margin of error)
  • Rent burden: 35.7% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 13.1% of households rent (Small sample: wide margin of error)
  • Income and affordability: $76,538 median household income (Small sample: wide margin of error)
  • Home values: $122,400 median home value
  • Homeowner costs: $1,214 median monthly cost with a mortgage
  • Property taxes: $1,443 median real estate taxes a year
  • Types of homes: 0.0% of homes are in buildings of 5 or more units (Small sample: wide margin of error)
  • Bedrooms: 66.4% of homes have 3 or more bedrooms (Small sample: wide margin of error)
  • Age of homes: 85.0% of homes were built before 1980 (Small sample: wide margin of error)
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 87.7% heat with utility gas (Small sample: wide margin of error)
  • Commute and cars: 24.4 minutes average trip to work (Small sample: wide margin of error)
  • Growth: −3.7% residents since 2015–2019 (Small sample: wide margin of error)
  • How long people stay: 14.7% moved in since 2020 (Small sample: wide margin of error)
  • Crowding and facilities: 5.7% of homes have more than 1 person per room (Small sample: wide margin of error)

Letts against Louisa County, its state and the nation

Estimate (90% margin of error)
LettsLouisa CountyIowaUnited States
Residents361 (±122)10,678 (exact)3,210,507 (exact)334,922,499
Housing units134 (±38)4,739 (±26)1,437,699 (±523)143,775,355
Households that rent13.1% (±9.7 points)19.7% (±3.5 points)28.3% (±0.3 points)34.8%
Median gross rent$950 (±$156)$775 (±$91)$972 (±$6)$1,413
Median household income$76,538 (±$15,336)$77,354 (±$7,861)$75,059 (±$418)$80,734
Median home value$122,400 (±$17,702)$150,100 (±$10,236)$208,000 (±$1,141)$332,700
Median real estate taxes (a year)$1,443 (±$142)$1,751 (±$81)$2,897 (±$13)$3,119
Built before 198085.0% (±21.3 points)70.0% (±5.4 points)61.5% (±0.4 points)49.7%
Average commute24.4 minutes (±4.7)27.3 minutes (±1.7)19.8 minutes (±0.1)26.4 minutes
Households with broadband91.8% (±5.2 points)87.8% (±1.9 points)88.9% (±0.2 points)91.0%
Median age of residents33.0 years (±15.7)41.9 years (±0.6)38.6 years (±0.2)38.9 years

Letts covers 0.6 square miles of land, about 637 residents per square mile (Census Bureau Gazetteer).

How Letts has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents375 (±83)361 (±122)−3.7%Not a measurable change
Housing units160 (±30)134 (±38)−16.3%Not a measurable change
Median gross rent$914 (±$339)$950 (±$156)+3.9%No measurable change after inflation
Median home value$82,700 (±$9,578)$122,400 (±$17,702)+48.0%No measurable change after inflation
Median household income$56,500 (±$13,130)$76,538 (±$15,336)+35.5%No measurable change after inflation
Median owner cost with a mortgage$979 (±$90)$1,214 (±$105)+24.0%No measurable change after inflation
Median real estate taxes$1,158 (±$108)$1,443 (±$142)+24.6%No measurable change after inflation
Households that rent13.7% (±7.6 points)13.1% (±9.7 points)−0.6 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±55.2 points)0.0% (±65.0 points)0.0 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Louisa County

Letts has no police department of its own in the FBI’s figures, so this is the figure for Louisa County as a whole.

In 2025, the police departments that report for Louisa County recorded 152 violent and 199 property crimes per 100,000 residents.

A county-wide figure describes the whole county, not this place; crime varies from one community to the next.

Places near Letts

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Grandview4.4 mi$856$142,40011.6%
Fruitland5.7 mi—$217,7004.4%
Fredonia6.2 mi—$71,7009.3%
Conesville6.8 mi$994—21.6%
Columbus Junction7.6 mi$623$125,80024.3%
Columbus City8.7 mi—$111,6002.3%
Muscatine11 mi$974$153,60033.5%
Wapello11 mi$711$143,90031.7%

Places in Iowa most like Letts

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Delmar$944$147,500$68,75011.9%
Holland$1,087$125,000$72,78816.8%
Peterson$983$93,500$73,33311.4%
Zearing$883$158,800$74,16716.7%
Thornton$839$115,500$67,03116.0%
Tripoli$940$120,500$78,32413.1%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Iowa.

HUD Fair Market Rent for Letts, fiscal year 2027

Louisa County, IA, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$688$709$927$1,133$1,292

HUD income limits for Letts, fiscal year 2026

Louisa County, IA, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$20,450$34,100$54,500
2 people$23,400$38,950$62,300
3 people$27,320$43,800$70,100
4 people$33,000$48,650$77,850
5 people$38,680$52,550$84,100
6 people$44,360$56,450$90,350
7 people$50,040$60,350$96,550
8 people$55,720$64,250$102,800

These are the limits HUD sets for its housing programs in the Louisa County, IA, where HUD’s median family income for fiscal year 2026 is $97,300.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Letts

What is the average home value in Letts, IA?

The Census Bureau publishes the median: $122,400 (±$17,702) for owner-occupied homes in Letts (2020–2024 American Community Survey).

What is the average mortgage payment in Letts?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Letts, IA is $1,214 (±$105) a month, including taxes, insurance and utilities.

How much are property taxes in Letts?

The median real estate tax paid by homeowners in Letts, IA is $1,443 (±$142) a year (2020–2024 American Community Survey).

Is Letts growing?

In Letts, the number of residents went from 375 in 2015–2019 to 361 in 2020–2024 (−3.7%), not a measurable change.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Letts city, Iowa (place:44715, in state:19).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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