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ZipNumbers

Iowa · Census place 28020

Floyd city, IA

Quick answer

Floyd city has 308 residents, ranking #596 of 1026 places in Iowa. Median household income is $61,000, the median home is worth $106,700 and median gross rent runs $850 a month.

Population
308Floyd city residents
Median household income
$61,000Past 12 months, inflation adjusted
Median home value
$106,700Owner-occupied units
Median gross rent
$850Rent plus utilities, monthly
Median age
42 yrsAll residents
Homeownership rate
88.9%Owner-occupied households

What the numbers mean in Floyd city

Housing cost measured against local earnings.

A household earning the Floyd city median would spend about 16.7% 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.9% of residents and 88.9% 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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