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New Virginia, Iowa

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
587
Population
$77,188
Median Income
$180,600
Home Value
31.4
Median Age

Demographics

New Virginia has a population of 587 with a median age of 31.4. Here is the racial and ethnic breakdown of the population:

White
98.1%
Other
1.9%
Demographic Value
Total Population587
Median Age31.4
White98.1%
Other / Two or More Races1.9%
New Virginia, Iowa — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 98.1%Other: 1.9%587PopulationWhiteWhite98.1%OtherOther1.9%

Income & Economy

The median household income in New Virginia is $77,188, which is 4.2% below the national median of $80,610. The per capita income is $32,650. The poverty rate is 1.4%.

$77,188
Median Household Income
$32,650
Per Capita Income
1.4%
Poverty Rate

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Education

In New Virginia, 98.5% of residents age 25+ have a high school diploma or higher, and 26.2% hold a bachelor's degree or higher (4.3% with a graduate or professional degree).

HS Diploma+
98.5%
Bachelor's+
26.2%
Graduate+
4.3%
Education Level % of Adults (25+)
High School Diploma or Higher98.5%
Bachelor's Degree or Higher26.2%
Graduate or Professional Degree4.3%

Housing

The median home value in New Virginia is $180,600, below the national median of $303,400. The median monthly rent is $971. The homeownership rate is 69.7%.

$180,600
Median Home Value
$971/mo
Median Rent
69.7%
Homeownership Rate
Housing Metric Value
Median Home Value$180,600
Median Monthly Rent$971
Homeownership Rate69.7%
Vacancy Rate7.6%

Salaries in Iowa

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Frequently Asked Questions

What is the population of New Virginia, Iowa?
The population of New Virginia, Iowa is 587 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New Virginia, Iowa?
The median household income in New Virginia, Iowa is $77,188. This is 4.2% below the national median of $80,610.
What is the median home value in New Virginia, Iowa?
The median home value in New Virginia, Iowa is $180,600. The median monthly rent is $971.
What percentage of people in New Virginia have a college degree?
In New Virginia, Iowa, 26.2% of adults age 25 and older hold a bachelor's degree or higher, and 98.5% have a high school diploma or higher.
Is New Virginia, Iowa an affordable place to live?
The home price-to-income ratio in New Virginia, Iowa is 2.3x (median home value $180,600 vs. median income $77,188), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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