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Elma, Iowa Demographics & Population 2026

During the 2020–2024 ACS period, Elma, Iowa had a total population of 659, the 404th largest city in Iowa, with a median household income of $44,375, which is 41% lower than the state average. The poverty rate is 18.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Elma Quick Facts

Population 659
Median Household Income $44,375
Median Home Value $81,300
Poverty Rate 18.8%
Unemployment Rate 1.4%
Median Age 44.3 years
Homeownership Rate 68.8%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 10.3%
High School Graduation Rate 91.3%
Diversity Index 7/100
Population 659 404th of 1,017
Median Income $44,375 bottom 10%
Poverty Rate 18.8% 51% higher than national
Median Home Value $81,300 bottom 30%

How Elma Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population618659+6.6%
Median household income$41,528$44,375+6.9%
Median home value$71,400$81,300+13.9%

How Elma Compares

Economy & Housing

Household Income Distribution

Under $25K 35.6%
$25K-$50K 22.7%
$50K-$100K 30.5%
$100K+ 11.2%
Detailed income brackets
Under $10K
5.4%
$10K-$15K
6.8%
$15K-$20K
17.3%
$20K-$25K
6.1%
$25K-$30K
1.7%
$30K-$35K
2.7%
$35K-$40K
5.1%
$40K-$45K
5.1%
$45K-$50K
8.1%
$50K-$60K
5.4%
$60K-$75K
9.2%
$75K-$100K
15.9%
$100K-$125K
4.1%
$125K-$150K
1.0%
$150K-$200K
2.4%
$200K+
3.7%

Employment

1.4% Unemployment Rate State: 3.6%|National: 5.2%
52.1% Labor Force Participation

Housing Overview

Owner 68.8%
Renter 31.2%
Affordability Index Very Affordable
1.8x home value to income ratio
Median gross rent $689/mo 18.6% of median household income annually

People & Demographics

Diversity Index

7out of 100
Very Low Diversity

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

State average: 31 | National average: 61

Education

Elma Rankings in Iowa

#404 Population of 1,017
#900 Median Income of 948
#781 Education of 1,016
#754 Home Value of 947

Other Cities in Howard County

CityPopulationMedian IncomePovertyHome Value
Cresco 3,908 $60,608 13.4% $117,200
Lime Springs 442 $53,750 9.3% $99,100
Chester 150 $63,438 9.3% $120,800

Cities Similar to Elma

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Russell613$44,821$61,5006.7%24.6%
Exira705$47,344$84,7009.2%23.4%
Moravia624$49,286$121,70015.6%10.3%
Kellogg676$36,944$115,8007.5%25.3%
Seymour594$46,071$86,80014.8%13.5%

A note before these figures: with a population of 659, Elma's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Elma is a small community located in Iowa, within Howard County. The total population is 659. It ranks as the 404th most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Elma is 44.3 years. This is 15% higher than the state median of 38.6 years. 20.0% 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 is $44,375. This is 41% lower than the state median of $75,059. It is also 45% lower than the national median of $80,734. The poverty rate stands at 18.8%. This is 69% higher than the state poverty rate of 11.1%. The unemployment rate is 1.4%. This is 61% lower than the state rate of 3.6%. The median home value is $81,300. Housing costs are 61% lower than the state median of $208,000. With a home-value-to-income ratio of just 1.8x, Elma is one of the most affordable housing markets in the area. 68.8% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 71.7%.

Race & Ethnicity

Elma has a predominantly White (non-Hispanic) population, comprising 96.5% of all residents. Hispanic or Latino residents account for 1.4%. The Hispanic or Latino population (1.4%) is well below the state average of 7.3%.

Education

10.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.3%.

Data Sources & Methodology

All demographic data for Elma, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Elma, Iowa?

Elma, Iowa has a population of 659 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Elma, IA?

The median household income in Elma is $44,375, which is 45% lower than the national median of $80,734.

What is the poverty rate in Elma, IA?

The poverty rate in Elma is 18.8%. This means approximately 117 residents live below the federal poverty line.

What is the racial makeup of Elma, Iowa?

Elma's population is 96.5% White, 0.0% Black, 1.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Elma, IA?

The median home value in Elma is $81,300. The home-value-to-income ratio is 1.8x.

How educated is Elma, Iowa?

10.3% of adults (25+) in Elma hold a bachelor's degree or higher, and 2.1% hold a graduate or professional degree.