Iowa remains neck-and-neck in the closing days of Election 2012, with Mitt Romney now showing a one-point lead.

The latest Rasmussen Reports telephone survey of Likely Iowa Voters finds the Republican challenger with 49% support, while President Obama earns 48% of the vote. Two percent (2%) like someone else in the race, and one percent (1%) is undecided. (To see survey question wording, click here.)

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The survey of 750 Likely Voters in Iowa was conducted on October 30, 2012 by Rasmussen Reports. The margin of sampling error is +/- 4 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.