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New Virginia city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, New Virginia city, Iowa has a total population of 513, the 465th largest city in Iowa, with a median household income of $75,875, which is 4% higher than the state average. The poverty rate is 2.7%.

Key Takeaways

New Virginia city Quick Facts

Population 513
Median Household Income $75,875
Median Home Value $168,100
Poverty Rate 2.7%
Unemployment Rate 0.0%
Median Age 31.7 years
Homeownership Rate 72.9%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 26.5%
High School Graduation Rate 98.6%
Diversity Index 4/100
Population 513 465th of 1,018
Median Income $75,875 top 30%
Poverty Rate 2.7% 78% lower national
Median Home Value $168,100 top 30%

How New Virginia city Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 3.6% | National: 5.2%
61.1% Labor Force Participation

Housing Overview

Owner 72.9%
Renter 27.1%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

4out 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

New Virginia city Rankings in Iowa

#465 Population of 1,018
#250 Median Income of 1,018
#195 Education of 1,018
#208 Home Value of 1,018

Cities Similar to New Virginia city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ellsworth city525$73,021$125,00019.7%3.4%
Delhi city499$84,079$161,50024.7%10.2%
Ocheyedan city486$71,875$105,4005.3%10.9%
Badger city475$76,875$136,30024.2%6.1%
Stanhope city515$64,479$106,40013.8%11.3%

Population Overview

New Virginia city is a small community located in Iowa. The total population is 513. It ranks as the 465th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in New Virginia city is 31.7 years. This is 18% lower than the state median of 38.6 years. With 33.3% of the population under 18, New Virginia city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in New Virginia city is $75,875. This is 4% higher than the state median of $73,147. Compared to the national median of $78,538, household income here is 3% lower. The poverty rate stands at 2.7%. This is 75% lower than the state poverty rate of 11.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.6%. The median home value is $168,100. Housing costs are 14% lower than the state median of $195,900. With a home-value-to-income ratio of just 2.2x, New Virginia city is one of the most affordable housing markets in the area. 72.9% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 71.5%.

Race & Ethnicity

New Virginia city has a predominantly White (non-Hispanic) population, comprising 98.0% of all residents.

Education

26.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 14% 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 98.6%.

Data Sources & Methodology

All demographic data for New Virginia 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.

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 New Virginia city, Iowa?

New Virginia city, Iowa has a population of 513 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Virginia city, IA?

The median household income in New Virginia city is $75,875, which is 3% lower the national median of $78,538.

What is the poverty rate in New Virginia city, IA?

The poverty rate in New Virginia city is 2.7%. This means approximately 14 residents live below the federal poverty line.

What is the racial makeup of New Virginia city, Iowa?

New Virginia city's population is 98.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in New Virginia city, IA?

The median home value in New Virginia city is $168,100. The home-value-to-income ratio is 2.2x.

How educated is New Virginia city, Iowa?

26.5% of adults (25+) in New Virginia city hold a bachelor's degree or higher, and 5.6% hold a graduate or professional degree.