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ZipNumbers

Iowa · Census place 55965

Newell city, IA

Quick answer

Newell city has 924 residents, ranking #307 of 1026 places in Iowa. Median household income is $66,406, the median home is worth $106,300 and median gross rent runs $717 a month.

Population
924Newell city residents
Median household income
$66,406Past 12 months, inflation adjusted
Median home value
$106,300Owner-occupied units
Median gross rent
$717Rent plus utilities, monthly
Median age
37 yrsAll residents
Homeownership rate
73.6%Owner-occupied households

What the numbers mean in Newell city

Housing cost measured against local earnings.

A household earning the Newell city median would spend about 13% 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 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.5% of residents and 73.6% 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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