HomeIowaBoone CountyLuther city
Luther city, Iowa: commercial real estate data.
Luther city is a Census city of 159 people across 0.59 square miles of land, in Boone County. Median household income is $100,938, 91.2 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $900,000.
74 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Luther
What Luther is
- Census place typecity
- Land area0.59 sq mi
- Water area0 sq mi
- Population per square mile of land271 plus or minus 124
- County holding the largest share of its areaBoone County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Luther
How many people live in Luther
- Population159 plus or minus 73
- Median age43.8 plus or minus 12.6
- Population under 1838 plus or minus 27
- Share under 1823.9 percent plus or minus 13.2
- Population 65 and over33 plus or minus 18
- Share 65 and over20.8 percent plus or minus 6.1
- Households57 plus or minus 20
- Family households46 plus or minus 20
- Share of households that are families80.7 percent plus or minus 20.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Luther
Income and work in Luther
- Median household income$100,938 plus or minus $32,918
- Per capita income$40,883
- Civilian labor force87 plus or minus 39
- Employed84 plus or minus 39
- Unemployed3 plus or minus 4
- Unemployment rate3.4 percent plus or minus 4.3
- Adults 25 and over117 plus or minus 44
- Adults 25 and over with a high school diploma or higher97.4 percent plus or minus 49.4
- Adults 25 and over with a bachelor degree or higher23.9 percent plus or minus 16.6
- Adults 25 and over with a graduate degree5.1 percent plus or minus 10.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Luther
Housing in Luther
- Housing units63 plus or minus 21
- Occupied units57 plus or minus 20
- Vacant units6 plus or minus 8
- Vacancy rate9.5 percent plus or minus 12.3
- Owner occupied52 plus or minus 19
- Renter occupied5 plus or minus 7
- Ownership rate91.2 percent
- Median owner-occupied home value$191,700 plus or minus $65,362
- Single family units58 plus or minus 23
- Share single family92.1 percent plus or minus 20.5
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes5 plus or minus 7
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Luther
How Luther gets to work
- Workers 16 and over who commute81 plus or minus 39
- Commuting under 15 minutes13 plus or minus 11
- Share commuting under 15 minutes16.0 percent plus or minus 10.8
- Commuting 30 minutes or more45 plus or minus 34
- Share commuting 30 minutes or more55.6 percent plus or minus 31.6
- Drove alone83.3 percent plus or minus 18.4
- Carpooled10.7 percent plus or minus 9.5
- Public transport0.0 percent
- Walked2.4 percent plus or minus 4.6
- Worked from home3.6 percent plus or minus 5.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Luther
SBA loans in Luther (7(a))
- Approvals1
- Gross approval$900,000
- Average approval$900,000
- Median approval$900,000
- Ninetieth percentile approval$900,000
- Largest approval$900,000
- Jobs supported73
- Jobs per approval73.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Luther
SBA loans in Luther (504)
- Approvals1
- Gross approval$475,000
- Average approval$475,000
- Median approval$475,000
- Largest approval$475,000
- Jobs supported1
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Boone County, not Luther
Boone County context, not Luther figures
These are Boone County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Luther measurements.
- Establishments in Boone County603
- Employment at those establishments, Boone County6,497
- Covered employment, Boone County8,930
- Average annual pay, Boone County$53,922
- Average weekly wage, Boone County$1,037
- Housing units permitted, Boone County75
- Of those, single family, Boone County53
- County product, 2024, Boone County$1,293,400,000
- County product change over the prior year, Boone County-4.9 percent
- Average income of an arriving household, Boone County$62,199
Every figure in this section is published for Boone County as a whole and is not a measurement of Luther. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Luther questions, answered from the record.
How many people live in Luther, Iowa?
159, in 57 households. Luther city covers 0.59 square miles of land, which is 271 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Luther in?
Boone County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Luther?
$100,938. The median owner-occupied home is valued at $191,700. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Luther businesses?
1 7(a) approvals totalling $900,000, across 1 lenders, median approval $900,000, plus 1 504 approvals worth $475,000. These count approvals to borrowers whose address is in Luther, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Luther borrowers get paid back?
No rate is published for Luther. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Luther figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Boone County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Luther.
Is zoning published for Luther?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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