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Bayard, IA Profile: Facts & Data

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Bayard, Iowa - Basic Facts

The City of Bayard had a population of 386 as of July 1, 2024.

The primary coordinate point for Bayard is located at latitude 41.8519 and longitude -94.5583 in Guthrie County. The formal boundaries for the City of Bayard encompass a land area of 0.46 sq. miles and a water area of 0 sq. miles. Guthrie County is in the Central time zone (GMT -6).

The City of Bayard 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 Bayard is located within Township of Highland, a minor civil division (MCD) of Guthrie County.


Jump to... (On This Page!)
  1. Bayard 2024 Demographic Data
  2. Growth Rates for Bayard (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 - 2024 Demographics
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Bayard, IA Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 386 (100%)
Population in Households 381 (98.7%)
Population in Families 298 (77.2%)
Population in Group Quarters1 5 ( 1.3%)
Population Density 871
Diversity Index2 19
 
 

INCOME

Median Household Income $59,467
Average Household Income $78,059
% of Income for Mortgage4 16%
Per Capita Income $38,842
Wealth Index5 72
Socioeconomic Status Index6 Moderate (49.3)
 

HOUSING

Total HU (Housing Units) 224 (100%)
Owner Occupied HU 166 (74.1%)
Renter Occupied HU 26 (11.6%)
Vacant Housing Units 32 (14.3%)
Median Home Value $148,148
Average Home Value $214,458
Housing Affordability Index3 148
 

HOUSEHOLDS

Total Households 192
Average Household Size 1.98
Family Households 119
Average Family Size 3.00
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 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.
  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 % 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).
  5. 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.
  6. 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 -1.12% -0.21%
Households 1.14% 0.00%
Families   0.33%
Median Household Income   -0.25%
Per Capita Income   2.67%
Owner Occupied HU   -1.23%

Bayard, IA - Peer Comparisons by Rank and Percentile

The table below compares Bayard 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 # 505 51st
Population Density # 345 66th
Median Household Income # 861 16th
Housing Affordability Index # 631 62nd
Per Capita Income # 588 43rd
Diversity Index # 392 62nd

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

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