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Elma city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

As of 2026, Elma city, Iowa has a total population of 618, the 420th largest city in Iowa, with a median household income of $41,528, which is 43% lower than the state average. The poverty rate is 23.0%.

Key Takeaways

Elma city Quick Facts

Population 618
Median Household Income $41,528
Median Home Value $71,400
Poverty Rate 23.0%
Unemployment Rate 2.4%
Median Age 48.0 years
Homeownership Rate 62.3%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 11.7%
High School Graduation Rate 91.5%
Diversity Index 16/100
Population 618 420th of 1,018
Median Income $41,528 bottom 10%
Poverty Rate 23.0% 85% higher national
Median Home Value $71,400 bottom 20%

How Elma city Compares

Economy & Housing

Employment

2.4% Unemployment Rate State: 3.6% | National: 5.2%
48.2% Labor Force Participation

Housing Overview

Owner 62.3%
Renter 37.7%
Affordability Index Very Affordable
1.7x home value to income ratio

People & Demographics

Diversity Index

16out 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

Elma city Rankings in Iowa

#420 Population of 1,018
#905 Median Income of 1,018
#727 Education of 1,018
#786 Home Value of 1,018

Cities Similar to Elma city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Amana CDP650N/A$237,90062.2%4.2%
Kellogg city611$37,500$85,00011.4%26.0%
Swea City city612$50,625$48,80021.6%28.9%
What Cheer city634$49,688$47,9008.1%20.7%
Grand Junction city615$52,292$78,00010.4%16.3%

Population Overview

Elma city is a small community located in Iowa. The total population is 618. It ranks as the 420th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Elma city is 48.0 years. This is 24% higher than the state median of 38.6 years. 22.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Elma city is $41,528. This is 43% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 47% lower. The poverty rate stands at 23.0%. This is 109% higher than the state poverty rate of 11.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 2.4%. This is 34% lower than the state rate of 3.6%. The median home value is $71,400. Housing costs are 64% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.7x, Elma city is one of the most affordable housing markets in the area. 62.3% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 71.5%.

Race & Ethnicity

Elma city has a predominantly White (non-Hispanic) population, comprising 91.3% of all residents. Hispanic or Latino residents account for 2.4%. The Hispanic or Latino population (2.4%) is well below the state average of 7.0%.

Education

11.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 62% 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 91.5%.

Data Sources & Methodology

All demographic data for Elma 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 Elma city, Iowa?

Elma city, Iowa has a population of 618 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Elma city is $41,528, which is 47% lower the national median of $78,538.

What is the poverty rate in Elma city, IA?

The poverty rate in Elma city is 23.0%. This means approximately 132 residents live below the federal poverty line.

What is the racial makeup of Elma city, Iowa?

Elma city's population is 91.3% White, 0.0% Black, 2.4% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Elma city is $71,400. The home-value-to-income ratio is 1.7x.

How educated is Elma city, Iowa?

11.7% of adults (25+) in Elma city hold a bachelor's degree or higher, and 3.2% hold a graduate or professional degree.