The City of Walcott was platted in 1854 and the first passenger railroad line west of the Mississippi River began services there in 1855. William Walcott, a director of the Chicago and Rock Island Railroad, donated $500 to help build a school and stipulated that the town be named in his honor. The Kaskaskia Indians and the Mesquaki tribe, a splinter of the Iroquois of Canada, had lived in the area before settlers arrived.
The median property value in Walcott was $139,100 in 2019, making it 0.578 times smaller than the national average. Homeownership rates in Walcott were 74.8% and most residents commuted to work alone. They owned two cars per household. There were 1.67k people living in Walcott. The median household income was $52,850 in 2019.
The median income in Walcott, IA was $52,850 in 2018. This is lower than the average income in Iowa and is equivalent to $134,780 for a family of four. The area contains a mix of middle-class and lower-income residents. Those living below the poverty line report being employed in Office & Administrative Support Occupations, Production Occupations, and Management Occupations.
In terms of age, Walcott City residents ranged in age from 18 to 64. Twenty-three percent of the population was under the age of 18, while 7.1% lived with a partner. Forty-seven percent of the population was 45-64, and 15.8% lived alone. While the average family size is 2.94, it varies greatly by gender. This is why it is imperative to consult the U.S. Census Bureau to determine the age of residents in Walcott City.