Nevada, Iowa Demographics & Population 2026
During the 2020–2024 ACS period, Nevada, Iowa had a total population of 6,983, the 59th largest city in Iowa, with a median household income of $75,094, which is about the same as the state average. The poverty rate is 9.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.4x.
- Near full employment with an unemployment rate of just 2.0%.
Nevada Quick Facts
How Nevada Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 6,952 | 6,983 | +0.4% |
| Median household income | $75,221 | $75,094 | -0.2% |
| Median home value | $177,800 | $182,400 | +2.6% |
How Nevada Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 31 | National average: 61
Education
Educational Attainment (Adults 25+)
Nevada Rankings in Iowa
Explore Iowa Rankings
Other Cities in Story County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Ames | 67,669 | $60,991 | 25.4% | $277,400 |
| Huxley | 4,544 | $112,094 | 4.5% | $297,100 |
| Story City | 3,398 | $96,605 | 12.6% | $215,600 |
| Roland | 1,559 | $79,028 | 1.1% | $185,900 |
| Slater | 1,401 | $97,500 | 3.8% | $232,800 |
| Gilbert | 1,381 | $122,656 | 3.4% | $274,600 |
| Maxwell | 905 | $97,639 | 4.1% | $184,600 |
| Cambridge | 803 | $57,333 | 11.2% | $178,100 |
| Colo | 686 | $64,000 | 6.4% | $152,000 |
| Zearing | 566 | $74,167 | 15.4% | $158,800 |
Cities Similar to Nevada
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hiawatha | 7,206 | $66,270 | $216,900 | 32.4% | 13.7% |
| Clear Lake | 7,607 | $79,415 | $259,500 | 30.5% | 8.3% |
| Orange City | 6,426 | $82,122 | $264,000 | 44.2% | 11.2% |
| Independence | 6,164 | $73,806 | $165,300 | 24.7% | 7.6% |
| Atlantic | 6,763 | $61,141 | $149,900 | 23.0% | 17.3% |
Population Overview
Nevada is a small city located in Iowa, within Story County. The total population is 6,983. It ranks as the 59th most populous out of 1,017 Census-designated places in Iowa.
Age Demographics
The median age in Nevada is 40.2 years. This is 4% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Nevada is $75,094. This is about the same as the state median of $75,059. It is also 7% lower than the national median of $80,734. The poverty rate stands at 9.9%. This is 10% lower than the state poverty rate of 11.1%. The unemployment rate is 2.0%. This is 44% lower than the state rate of 3.6%. The median home value is $182,400. Housing costs are 12% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.4x, Nevada is one of the most affordable housing markets in the area. 71.9% of occupied housing units are owner-occupied.
Race & Ethnicity
The largest racial or ethnic group in Nevada is White (non-Hispanic), making up 84.4% of the population. Hispanic or Latino residents account for 9.3%. The Black or African American population (0.5%) is well below the state average of 3.8%. The Asian population (0.1%) is well below the state average of 2.5%.
Education
29.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 6% 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 94.9%.
Data Sources & Methodology
All demographic data for Nevada, 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.
Free data download: Get all Iowa city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Nevada, Iowa?
Nevada, Iowa has a population of 6,983 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Nevada, IA?
The median household income in Nevada is $75,094, which is 7% lower than the national median of $80,734.
What is the poverty rate in Nevada, IA?
The poverty rate in Nevada is 9.9%. This means approximately 679 residents live below the federal poverty line.
What is the racial makeup of Nevada, Iowa?
Nevada's population is 84.4% White, 0.5% Black, 9.3% Hispanic/Latino, and 0.1% Asian.
What is the median home value in Nevada, IA?
The median home value in Nevada is $182,400. The home-value-to-income ratio is 2.4x.
How educated is Nevada, Iowa?
29.6% of adults (25+) in Nevada hold a bachelor's degree or higher, and 8.1% hold a graduate or professional degree.