Bassett, IA Profile: Facts & Data

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Bassett, Iowa - Basic Facts

The City of Bassett had a population of 62 as of July 1, 2019. Bassett ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Iowa. See peer rankings below.

The primary coordinate point for Bassett is located at latitude 43.063 and longitude -92.5155 in Chickasaw County. The formal boundaries for the City of Bassett encompass a land area of 0.37 sq. miles and a water area of 0 sq. miles. Chickasaw County is in the Central time zone (GMT -6). The elevation is 1,056 feet.

The City of Bassett (GNIS ID: 2394074) 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 Bassett is located within Township of Chickasaw, a minor civil division (MCD) of Chickasaw County.


Jump to... (On This Page!)
  1. Bassett 2019 Demographic Data
  2. Growth Rates for Bassett (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Iowa Research Tools (Easy Tools & Current Data)
  3. Iowa Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Bassett, IA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Bassett, IA Housing Affordability Index is 0
State of Iowa Housing Affordability Index is 164
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.

WEALTH INDEX

Bassett, IA Wealth Index is 56
State of Iowa Wealth Index is 86
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Iowa COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 62 (100%)
Population in Households 62 (100.0%)
Population in Families 54 (87.1%)
Population in Group Quarters1 0
Population Density 168
Diversity Index2 3
 

INCOME

Median Household Income $43,164
Average Household Income $63,296
Per Capita Income $22,052
Wealth Index4 56

HOUSING

Total Housing Units 35 (100%)
Owner Occupied HU 20 (57.1%)
Renter Occupied HU 6 (17.1%)
Vacant Housing Units 9 (25.7%)
Median Home Value $125,000
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 26
Average Household Size 2.38
Family Households 20
Average Family Size 3
NOTES
  1. 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.
  2. 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 race 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.
  3. 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.
  4. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.67% -0.65%
Households -0.8% -0.78%
Families -1.03% -1.02%
Median Household Income   3.51%
Per Capita Income   2.94%

Bassett, IA - Peer Comparisons by Rank and Percentile

The table below compares Bassett to the other 1,008 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2019 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 # 936 7th
Population Density # 906 10th
Diversity Index # 961 5th
Median Household Income # 941 7th
Per Capita Income # 969 4th

Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.

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