Slater, IA Profile: Facts & Data

Slater, Iowa - Basic Facts

The City of Slater had a population of 1,548 as of July 1, 2024.

The primary coordinate point for Slater is located at latitude 41.8778 and longitude -93.6786 in Story County. The formal boundaries for the City of Slater encompass a land area of 1.26 sq. miles and a water area of 0 sq. miles. Story County is in the Central time zone (GMT -6).

The City of Slater has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Slater is located within Township of Palestine, a minor civil division (MCD) of Story County.

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Slater, IA Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,548 (100%)
Population in Households	1,548 (100.0%)
Population in Families	1,264 (81.7%)
Population in Group Quarters¹	0
Population Density	810
Diversity Index²	15


INCOME
Median Household Income	$98,476
Average Household Income	$106,980
% of Income for Mortgage⁴	14%
Per Capita Income	$43,953
Wealth Index⁵	88
Socioeconomic Status Index⁶	Moderate (63.8)

HOUSING
Total HU (Housing Units)	659 (100%)
Owner Occupied HU	538 (81.6%)
Renter Occupied HU	98 (14.9%)
Vacant Housing Units	23 ( 3.5%)
Median Home Value	$225,210
Average Home Value	$254,879
Housing Affordability Index³	158

HOUSEHOLDS
Total Households	636
Average Household Size	2.43
Family Households	425
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

659 (100%)

Owner Occupied HU

538 (81.6%)

Renter Occupied HU

98 (14.9%)

Vacant Housing Units

23 ( 3.5%)

Median Home Value

$225,210

Average Home Value

$254,879

Housing Affordability Index³

158

HOUSEHOLDS

Total Households

636

Average Household Size

2.43

Family Households

425

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.08%	0.15%
Households	0.49%	0.47%
Families		0.28%
Median Household Income		2.16%
Per Capita Income		3.81%
Owner Occupied HU		0.62%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.08%

0.15%

Households

0.49%

0.47%

Families

0.28%

Median Household Income

2.16%

Per Capita Income

3.81%

Owner Occupied HU

0.62%

Slater, IA - Peer Comparisons by Rank and Percentile

The table below compares Slater to the other 1,026 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 204	80th
Population Density	# 380	63rd
Median Household Income	# 140	86th
Housing Affordability Index	# 705	69th
Per Capita Income	# 373	64th
Diversity Index	# 586	43rd

Variable Description

Rank

Percentile

Total Population

# 204

80th

Population Density

# 380

63rd

Median Household Income

# 140

86th

Housing Affordability Index

# 705

69th

Per Capita Income

# 373

64th

Diversity Index

# 586

43rd

Iowa Census Data Comparison Tool

Slater, IA Profile: Facts & Data

Slater, Iowa - Basic Facts

Slater, IA Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Slater, IA - Peer Comparisons by Rank and Percentile

Slater, IA - Most Popular Things to Do

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