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ZipNumbers

Iowa · Census place 56595

New Virginia city, IA

Quick answer

New Virginia city has 513 residents, ranking #465 of 1026 places in Iowa. Median household income is $75,875, the median home is worth $168,100 and median gross rent runs $1,054 a month.

Population
513New Virginia city residents
Median household income
$75,875Past 12 months, inflation adjusted
Median home value
$168,100Owner-occupied units
Median gross rent
$1,054Rent plus utilities, monthly
Median age
31.7 yrsAll residents
Homeownership rate
72.9%Owner-occupied households

What the numbers mean in New Virginia city

Housing cost measured against local earnings.

A household earning the New Virginia 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.7% of residents and 72.9% 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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