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ZipNumbers

Iowa · Census place 25365

Ely city, IA

Quick answer

Ely city has 2,033 residents, ranking #166 of 1026 places in Iowa. Median household income is $102,262, the median home is worth $275,800 and median gross rent runs $1,014 a month.

Population
2,033Ely city residents
Median household income
$102,262Past 12 months, inflation adjusted
Median home value
$275,800Owner-occupied units
Median gross rent
$1,014Rent plus utilities, monthly
Median age
37.6 yrsAll residents
Homeownership rate
81.9%Owner-occupied households

What the numbers mean in Ely city

Housing cost measured against local earnings.

A household earning the Ely city median would spend about 11.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.1% of residents and 81.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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