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Parnell city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

As of 2026, Parnell city, Iowa has a total population of 229, the 669th largest city in Iowa, with a median household income of $56,667, which is 23% lower than the state average. The poverty rate is 17.0%.

Key Takeaways

Parnell city Quick Facts

Population 229
Median Household Income $56,667
Median Home Value $118,800
Poverty Rate 17.0%
Unemployment Rate 1.4%
Median Age 42.1 years
Homeownership Rate 79.1%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 8.2%
High School Graduation Rate 91.2%
Diversity Index 23/100
Population 229 669th of 1,018
Median Income $56,667 bottom 30%
Poverty Rate 17.0% 37% higher national
Median Home Value $118,800 average

How Parnell city Compares

Economy & Housing

Employment

1.4% Unemployment Rate State: 3.6% | National: 5.2%
78.2% Labor Force Participation

Housing Overview

Owner 79.1%
Renter 20.9%
Affordability Index Very Affordable
2.1x home value to income ratio

People & Demographics

Diversity Index

23out 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

Parnell city Rankings in Iowa

#669 Population of 1,018
#670 Median Income of 1,018
#836 Education of 1,018
#437 Home Value of 1,018

Cities Similar to Parnell city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ollie city224$56,875$88,6004.1%17.0%
Stockport city224$55,938$70,00010.0%16.5%
Williamson city228$53,438$47,5000.0%26.8%
Laurel city221$59,167$104,3009.9%10.9%
Grafton city233$52,188$94,60014.4%11.6%

Population Overview

Parnell city is a small community located in Iowa. The total population is 229. It ranks as the 669th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Parnell city is 42.1 years. This is 9% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Parnell city is $56,667. This is 23% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 28% lower. The poverty rate stands at 17.0%. This is 55% higher than the state poverty rate of 11.0%. The unemployment rate is 1.4%. This is 63% lower than the state rate of 3.6%. The median home value is $118,800. Housing costs are 39% lower than the state median of $195,900. With a home-value-to-income ratio of just 2.1x, Parnell city is one of the most affordable housing markets in the area. 79.1% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 71.5%.

Race & Ethnicity

Parnell city has a predominantly White (non-Hispanic) population, comprising 86.9% of all residents. Hispanic or Latino residents account for 10.0%.

Education

8.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 73% 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 91.2%.

Data Sources & Methodology

All demographic data for Parnell 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 Parnell city, Iowa?

Parnell city, Iowa has a population of 229 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Parnell city is $56,667, which is 28% lower the national median of $78,538.

What is the poverty rate in Parnell city, IA?

The poverty rate in Parnell city is 17.0%. This means approximately 39 residents live below the federal poverty line.

What is the racial makeup of Parnell city, Iowa?

Parnell city's population is 86.9% White, 0.0% Black, 10.0% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Parnell city is $118,800. The home-value-to-income ratio is 2.1x.

How educated is Parnell city, Iowa?

8.2% of adults (25+) in Parnell city hold a bachelor's degree or higher, and 1.9% hold a graduate or professional degree.