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ZipNumbers

Iowa · Census place 56685

Nichols city, IA

Quick answer

Nichols city has 393 residents, ranking #534 of 1026 places in Iowa. Median household income is $87,500, the median home is worth $119,800 and median gross rent runs $638 a month.

Population
393Nichols city residents
Median household income
$87,500Past 12 months, inflation adjusted
Median home value
$119,800Owner-occupied units
Median gross rent
$638Rent plus utilities, monthly
Median age
33.7 yrsAll residents
Homeownership rate
82.2%Owner-occupied households

What the numbers mean in Nichols city

Housing cost measured against local earnings.

A household earning the Nichols city median would spend about 8.7% 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.6% of residents and 82.2% 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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