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Sheffield city, Iowa Demographics & Population 2026

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

As of 2026, Sheffield city, Iowa has a total population of 1,204, the 256th largest city in Iowa, with a median household income of $64,297, which is 12% lower than the state average. The poverty rate is 16.3%.

Key Takeaways

Sheffield city Quick Facts

Population 1,204
Median Household Income $64,297
Median Home Value $138,500
Poverty Rate 16.3%
Unemployment Rate 2.6%
Median Age 38.7 years
Homeownership Rate 77.2%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 19.3%
High School Graduation Rate 96.2%
Diversity Index 9/100
Population 1,204 256th of 1,018
Median Income $64,297 average
Poverty Rate 16.3% 31% higher national
Median Home Value $138,500 above average

How Sheffield city Compares

Economy & Housing

Employment

2.6% Unemployment Rate State: 3.6% | National: 5.2%
69.4% Labor Force Participation

Housing Overview

Owner 77.2%
Renter 22.8%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

9out 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

Sheffield city Rankings in Iowa

#256 Population of 1,018
#487 Median Income of 1,018
#415 Education of 1,018
#331 Home Value of 1,018

Other Cities in Franklin County

CityPopulationMedian IncomePovertyHome Value
Hampton city 4,311 $48,922 20.8% $91,900
New Hampton city 3,462 $61,491 12.5% $159,200

Cities Similar to Sheffield city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Montezuma city1,257$63,375$157,80021.2%17.6%
Elkader city1,249$61,786$134,30026.0%7.5%
Baxter city1,251$60,625$162,30020.1%15.3%
Wayland city1,140$67,000$122,20024.1%6.6%
Clarence city1,223$56,875$137,80011.3%17.4%

Population Overview

Sheffield city is a small community located in Iowa, within Franklin County. The total population is 1,204. It ranks as the 256th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Sheffield city is 38.7 years. This is about average than the state median of 38.6 years. 10.5% 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 Sheffield city is $64,297. This is 12% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 18% lower. The poverty rate stands at 16.3%. This is 49% higher than the state poverty rate of 11.0%. The unemployment rate is 2.6%. This is 27% lower than the state rate of 3.6%. The median home value is $138,500. Housing costs are 29% lower than the state median of $195,900. With a home-value-to-income ratio of just 2.2x, Sheffield city is one of the most affordable housing markets in the area. 77.2% of occupied housing units are owner-occupied. This homeownership rate is 8% higher than the state average of 71.5%.

Race & Ethnicity

Sheffield city has a predominantly White (non-Hispanic) population, comprising 95.2% of all residents. Hispanic or Latino residents account for 1.7%. The Hispanic or Latino population (1.7%) is well below the state average of 7.0%.

Education

19.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% 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 96.2%.

Data Sources & Methodology

All demographic data for Sheffield 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 Sheffield city, Iowa?

Sheffield city, Iowa has a population of 1,204 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Sheffield city is $64,297, which is 18% lower the national median of $78,538.

What is the poverty rate in Sheffield city, IA?

The poverty rate in Sheffield city is 16.3%. This means approximately 191 residents live below the federal poverty line.

What is the racial makeup of Sheffield city, Iowa?

Sheffield city's population is 95.2% White, 0.0% Black, 1.7% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Sheffield city is $138,500. The home-value-to-income ratio is 2.2x.

How educated is Sheffield city, Iowa?

19.3% of adults (25+) in Sheffield city hold a bachelor's degree or higher, and 5.0% hold a graduate or professional degree.