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ZipNumbers

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

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