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Nichols city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 1.4x is exceptionally low

As of 2026, Nichols city, Iowa has a total population of 393, the 532nd largest city in Iowa, with a median household income of $87,500, which is 20% higher than the state average. The poverty rate is 3.6%.

Key Takeaways

Nichols city Quick Facts

Population 393
Median Household Income $87,500
Median Home Value $119,800
Poverty Rate 3.6%
Unemployment Rate 0.5%
Median Age 33.7 years
Homeownership Rate 82.2%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 11.6%
High School Graduation Rate 90.5%
Diversity Index 42/100
Population 393 532nd of 1,018
Median Income $87,500 top 20%
Poverty Rate 3.6% 71% lower national
Median Home Value $119,800 average

How Nichols city Compares

Economy & Housing

Employment

0.5% Unemployment Rate State: 3.6% | National: 5.2%
69.0% Labor Force Participation

Housing Overview

Owner 82.2%
Renter 17.8%
Affordability Index Very Affordable
1.4x home value to income ratio

People & Demographics

Diversity Index

42out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 30 | National average: 60

Education

Nichols city Rankings in Iowa

#532 Population of 1,018
#120 Median Income of 1,018
#728 Education of 1,018
#428 Home Value of 1,018

Cities Similar to Nichols city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Riverdale city408$88,500$270,00035.7%3.9%
Worthington city401$81,875$150,50010.8%4.7%
New Vienna city377$90,938$176,80017.5%5.6%
Lockridge city383$93,929$79,70012.7%2.1%
Runnells city397$98,125$196,90020.6%5.8%

Population Overview

Nichols city is a small community located in Iowa. The total population is 393. It ranks as the 532nd most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Nichols city is 33.7 years. This is 13% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Nichols city is $87,500. This is 20% higher than the state median of $73,147. Compared to the national median of $78,538, household income here is 11% higher. The poverty rate stands at 3.6%. This is 68% 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 0.5%. This is 87% lower than the state rate of 3.6%. The median home value is $119,800. Housing costs are 39% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.4x, Nichols city is one of the most affordable housing markets in the area. 82.2% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 71.5%.

Race & Ethnicity

The largest racial or ethnic group in Nichols city is White (non-Hispanic), making up 71.3% of the population. Hispanic or Latino residents account for 27.7%. The Hispanic or Latino population is significantly higher than the state average (27.7% vs 7.0%).

Education

11.6% 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 90.5%.

Data Sources & Methodology

All demographic data for Nichols 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 Nichols city, Iowa?

Nichols city, Iowa has a population of 393 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Nichols city is $87,500, which is 11% higher the national median of $78,538.

What is the poverty rate in Nichols city, IA?

The poverty rate in Nichols city is 3.6%. This means approximately 14 residents live below the federal poverty line.

What is the racial makeup of Nichols city, Iowa?

Nichols city's population is 71.3% White, 0.0% Black, 27.7% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Nichols city is $119,800. The home-value-to-income ratio is 1.4x.

How educated is Nichols city, Iowa?

11.6% of adults (25+) in Nichols city hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.