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Collins city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Collins city, Iowa has a total population of 493, the 472nd largest city in Iowa, with a median household income of $67,292, which is 8% lower than the state average. The poverty rate is 9.0%.

Key Takeaways

Collins city Quick Facts

Population 493
Median Household Income $67,292
Median Home Value $130,700
Poverty Rate 9.0%
Unemployment Rate 5.7%
Median Age 33.0 years
Homeownership Rate 74.7%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 16.4%
High School Graduation Rate 93.0%
Diversity Index 11/100
Population 493 472nd of 1,018
Median Income $67,292 average
Poverty Rate 9.0% 28% lower national
Median Home Value $130,700 above average

How Collins city Compares

Economy & Housing

Employment

5.7% Unemployment Rate State: 3.6% | National: 5.2%
72.0% Labor Force Participation

Housing Overview

Owner 74.7%
Renter 25.3%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 30 | National average: 60

Education

Collins city Rankings in Iowa

#472 Population of 1,018
#411 Median Income of 1,018
#538 Education of 1,018
#373 Home Value of 1,018

Cities Similar to Collins city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ocheyedan city486$71,875$105,4005.3%10.9%
Stanhope city515$64,479$106,40013.8%11.3%
Stacyville city480$61,875$107,80012.8%3.7%
Livermore city478$62,273$67,7005.9%21.0%
Wyoming city529$67,125$104,30018.5%19.3%

Population Overview

Collins city is a small community located in Iowa. The total population is 493. It ranks as the 472nd most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Collins city is 33.0 years. This is 15% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Collins city is $67,292. This is 8% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 14% lower. The poverty rate stands at 9.0%. This is 18% lower than the state poverty rate of 11.0%. The unemployment rate is 5.7%. This is 58% higher than the state rate of 3.6%. The median home value is $130,700. Housing costs are 33% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.9x, Collins city is one of the most affordable housing markets in the area. 74.7% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 71.5%.

Race & Ethnicity

Collins city has a predominantly White (non-Hispanic) population, comprising 94.5% of all residents. Hispanic or Latino residents account for 3.0%. The Black or African American population (0.4%) is well below the state average of 3.8%. The Hispanic or Latino population (3.0%) is well below the state average of 7.0%. The Asian population (0.4%) is well below the state average of 2.4%.

Education

16.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 47% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.0%.

Data Sources & Methodology

All demographic data for Collins city, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Collins city, Iowa?

Collins city, Iowa has a population of 493 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Collins city, IA?

The median household income in Collins city is $67,292, which is 14% lower the national median of $78,538.

What is the poverty rate in Collins city, IA?

The poverty rate in Collins city is 9.0%. This means approximately 44 residents live below the federal poverty line.

What is the racial makeup of Collins city, Iowa?

Collins city's population is 94.5% White, 0.4% Black, 3.0% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Collins city, IA?

The median home value in Collins city is $130,700. The home-value-to-income ratio is 1.9x.

How educated is Collins city, Iowa?

16.4% of adults (25+) in Collins city hold a bachelor's degree or higher, and 5.1% hold a graduate or professional degree.