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Sheffield, Iowa Demographics & Population 2026

During the 2020–2024 ACS period, Sheffield, Iowa had a total population of 1,053, the 272nd largest city in Iowa, with a median household income of $54,458, which is 27% lower than the state average. The poverty rate is 13.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Sheffield Quick Facts

Population 1,053
Median Household Income $54,458
Median Home Value $151,000
Poverty Rate 13.4%
Unemployment Rate 3.3%
Median Age 46.2 years
Homeownership Rate 73.6%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 17.8%
High School Graduation Rate 94.8%
Diversity Index 5/100
Population 1,053 272nd of 1,017
Median Income $54,458 bottom 30%
Poverty Rate 13.4% 7% higher than national
Median Home Value $151,000 above average

How Sheffield Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,2041,053-12.5%
Median household income$64,297$54,458-15.3%
Median home value$138,500$151,000+9.0%

How Sheffield Compares

Economy & Housing

Household Income Distribution

Under $25K 20.5%
$25K-$50K 21.3%
$50K-$100K 29.6%
$100K+ 28.6%
Detailed income brackets
Under $10K
9.2%
$10K-$15K
0.6%
$15K-$20K
2.4%
$20K-$25K
8.3%
$25K-$30K
1.7%
$30K-$35K
7.2%
$35K-$40K
3.6%
$40K-$45K
2.4%
$45K-$50K
6.4%
$50K-$60K
11.1%
$60K-$75K
9.8%
$75K-$100K
8.7%
$100K-$125K
8.7%
$125K-$150K
6.6%
$150K-$200K
11.7%
$200K+
1.5%

Employment

3.3% Unemployment Rate State: 3.6%|National: 5.2%
62.4% Labor Force Participation

Housing Overview

Owner 73.6%
Renter 26.4%
Affordability Index Very Affordable
2.8x home value to income ratio
Median gross rent $700/mo 15.4% of median household income annually

People & Demographics

Diversity Index

5out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 31 | National average: 61

Education

Sheffield Rankings in Iowa

#272 Population of 1,017
#759 Median Income of 948
#495 Education of 1,016
#335 Home Value of 947

Other Cities in Franklin County

CityPopulationMedian IncomePovertyHome Value
Hampton 4,306 $47,088 18.1% $99,400
Latimer 681 $61,042 19.5% $110,800
Alexander 245 $56,250 27.7% $55,600
Coulter 228 $62,917 16.7% $90,000
Bradford 178 N/A 0.0% N/A
Geneva 152 $56,250 19.1% $61,400
Chapin 137 $73,091 0.0% $94,000
Popejoy 109 $38,681 3.7% $83,600
Hansell 83 $71,667 2.4% $75,000

Cities Similar to Sheffield

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
George1,064$57,941$133,10020.4%9.3%
Villisca1,048$60,465$77,00014.3%13.5%
Mapleton989$55,208$113,00021.3%8.4%
Griswold975$55,000$98,90023.0%13.3%
Winfield1,007$49,063$100,00019.1%9.8%

Population Overview

Sheffield is a small community located in Iowa, within Franklin County. The total population is 1,053. It ranks as the 272nd most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Sheffield is 46.2 years. This is 20% higher than the state median of 38.6 years. 19.7% 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 is $54,458. This is 27% lower than the state median of $75,059. It is also 33% lower than the national median of $80,734. The poverty rate stands at 13.4%. This is 21% higher than the state poverty rate of 11.1%. The unemployment rate is 3.3%. This is 9% lower than the state rate of 3.6%. The median home value is $151,000. Housing costs are 27% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.8x, Sheffield is one of the most affordable housing markets in the area. 73.6% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 71.7%.

Race & Ethnicity

Sheffield has a predominantly White (non-Hispanic) population, comprising 97.3% of all residents. Hispanic or Latino residents account for 0.7%. The Hispanic or Latino population (0.7%) is well below the state average of 7.3%.

Education

17.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% 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 94.8%.

Data Sources & Methodology

All demographic data for Sheffield, 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 Sheffield, Iowa?

Sheffield, Iowa has a population of 1,053 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Sheffield, IA?

The median household income in Sheffield is $54,458, which is 33% lower than the national median of $80,734.

What is the poverty rate in Sheffield, IA?

The poverty rate in Sheffield is 13.4%. This means approximately 130 residents live below the federal poverty line.

What is the racial makeup of Sheffield, Iowa?

Sheffield's population is 97.3% White, 0.0% Black, 0.7% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Sheffield, IA?

The median home value in Sheffield is $151,000. The home-value-to-income ratio is 2.8x.

How educated is Sheffield, Iowa?

17.8% of adults (25+) in Sheffield hold a bachelor's degree or higher, and 5.6% hold a graduate or professional degree.