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ZipNumbers

Iowa · Census place 32520

Gravity city, IA

Quick answer

Gravity city has 171 residents, ranking #736 of 1026 places in Iowa. Median household income is $51,071, the median home is worth $48,600 and median gross rent runs $800 a month.

Population
171Gravity city residents
Median household income
$51,071Past 12 months, inflation adjusted
Median home value
$48,600Owner-occupied units
Median gross rent
$800Rent plus utilities, monthly
Median age
43.3 yrsAll residents
Homeownership rate
73%Owner-occupied households

What the numbers mean in Gravity city

Housing cost measured against local earnings.

A household earning the Gravity city median would spend about 18.8% 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 1.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.9% of residents and 73% 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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