Iowa · Census place 56460
New Sharon city, IA
Quick answer
New Sharon city has 1,147 residents, ranking #262 of 1026 places in Iowa. Median household income is $60,000, the median home is worth $125,000 and median gross rent runs $564 a month.
- Population
- 1,147New Sharon city residents
- Median household income
- $60,000Past 12 months, inflation adjusted
- Median home value
- $125,000Owner-occupied units
- Median gross rent
- $564Rent plus utilities, monthly
- Median age
- 38.9 yrsAll residents
- Homeownership rate
- 78.6%Owner-occupied households
What the numbers mean in New Sharon city
Housing cost measured against local earnings.
A household earning the New Sharon city median would spend about 11.3% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.2% of residents and 78.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- Conrad city 1,170
- St. Ansgar city 1,156
- Glidden city 1,153
- Wayland city 1,140
- Lansing city 1,111
- Fruitland city 1,107
- Neola city 1,098
Keep going
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