Median Income
$54,000
household / year
Median Home Value
$44,500
owner-occupied
Median Rent
$800
gross / month
Cost of Living
84
national avg = 100

Is Rake, IA a Good Place to Live?

Rake is a small town of 187 in Iowa, with a median household income of $54,000 . Its cost of living index is 84 (US average = 100), which is 16% below the national average.

Strengths: Rake stands out for an affordable cost of living, below-average home prices.

Trade-offs: No major red flags stand out in the available data. Whether Rake is right for you depends on your priorities — the full breakdown is below.

All Rake city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 84.5

Rake's overall cost of living index is 84.5, where 100 represents the US national average. Living in Rake costs roughly 16% less than the average American city.

Metric Rake, IA National Avg
Median Home Value $44,500 $244,900
Median Monthly Rent $800 $1,163
Homeownership Rate 83.3% 65.9%
Median Household Income $54,000 $74,755

Crime & Safety

Crime data for Rake is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Rake, IA National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 26.5% 35.4%
High School Diploma or Higher 93.9% 91.1%

Weather & Climate

Rake sees average highs of 21.9°F in January and 80.8°F in July, with 33.3 inches of annual precipitation and 48.2 inches of snow per year.

MetricRake, IA
Average High — January21.9°F
Average High — July80.8°F
Annual Precipitation33.3"
Annual Snowfall48.2"

Demographics

MetricRake, IANational Avg
Population187—
Median Age47.438.9
Unemployment Rate0.0%3.7%
Avg Commute Time27.1 min26 min
White (non-Hispanic)98.9%59.3%
Black or African American1.1%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1825.1%22.2%
65 and over19.8%16.8%

Nearby Cities

Buffalo Center, IA 6 mi Frost, MN 7 mi Bricelyn, MN 8 mi Elmore, MN 9 mi Thompson, IA 11 mi

ZIP Codes in Rake

Rake, IA is covered by 1 ZIP code:

50465

Rake vs Other Cities

Rake, IA vs Buffalo Center, IA Rake, IA vs Frost, MN Rake, IA vs Bricelyn, MN Rake, IA vs Elmore, MN Rake, IA vs Thompson, IA

Frequently Asked Questions

Rake's cost of living index is 84, where 100 is the national average. That makes Rake roughly 16% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $44,500 and median rent is $800/month.
Crime data for Rake is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Rake, IA has a population of 187, a median household income of $54,000, and an unemployment rate of 0.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Rake averages 21.9°F in January and 80.8°F in July. Annual rainfall is 33.3 inches with about 48.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Rake, IA is covered by 1 ZIP code: 50465.
The population of Rake, Iowa is 187 with a median age of 47.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Rake: cost of living index 84 (100 = US average), median home $44,500, median household income $54,000. Whether these are benefits or drawbacks depends on where you're coming from — compare Rake side by side with your current city to see the trade-offs.