Living in New Albin, Iowa
Cost of living, income, home prices, rent and demographics of New Albin · Census data 2020–2024
New Albin has 399 residents with a median age of 40.3. The median household income is $61,953 (17% lower than the Iowa median), the median home value is $134,600, the median rent is $358/month.
New Albin is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
New Albin at a glance
- Population
- 399
- Median age
- 40.3State: 38.6
- Median household income
- $61,953State: $75,059
- Median home value
- $134,600State: $208,000
- Median rent
- $358/moState: $972
- Homeowners
- 68.5%
- Bachelor's degree or higher
- 11.4%
- Average commute
- 24 min
Is New Albin a good place to live?
Pros: Home values 35% lower than the state median; a poverty rate of 3.5%.
Cons: Median household income 17% lower than the Iowa median; an average commute of 24 minutes.
The weather is best in June to September.
Cost of living in New Albin
Housing is the biggest part of the cost of living. In New Albin the median home value is $134,600, 60% lower than the U.S. median. Renters pay a median of $358 per month, which is 9% of household income. Homeowners with a mortgage pay $1,236 a month in housing costs.
New Albin median household income
The median household income in New Albin is $61,953 and the income per person is $33,312. 3.5% of residents live below the poverty line (Iowa: 11.1%).
Housing in New Albin: homes for sale and rent
- Housing units
- 185
- Owner-occupied
- 68.5%
- Renter-occupied
- 31.5%
- Vacant
- 9.2%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.38
New Albin demographics
- Population
- 399
- Median age
- 40.3
- Under 18
- 22.8%
- 65 and older
- 23.8%
- Households
- 168
- Foreign-born
- 0.8%
- Veterans
- 14%Adults 18+
Hispanic or Latino can be of any race. Population history of New Albin ›
Education in New Albin
11.4% of adults 25 and older in New Albin have a bachelor's degree or higher (Iowa: 31.4%), and 1.8% have a graduate or professional degree.
Jobs and commute in New Albin
- Unemployment rate
- 0%State: 3.6%
- Average commute
- 24 minState: 20 min
- Work from home
- 3.9%
- Drive alone
- 56.5%
- Public transit
- 0.9%
- Walk to work
- 31.3%
- Homes with broadband
- 83.3%
New Albin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Albin | 399 | $61,953 | $134,600 | $358 |
| Genoa | 273 | $58,750 | $203,100 | $850 |
| De Soto | 503 | $91,451 | $120,400 | $615 |
| Eitzen | 281 | $53,438 | $116,800 | — |
| Lansing | 1,115 | $65,625 | $167,500 | $579 |
| Stoddard | 823 | $64,018 | $184,500 | $643 |
| Brownsville | 609 | $66,750 | $174,100 | $570 |
| Caledonia | 2,820 | $76,477 | $157,900 | $839 |
| Chaseburg | 304 | $88,750 | $180,000 | $735 |
More for people moving to New Albin
New Albin ZIP code ›Weather and climate ›Living in New Albin: FAQ
What is the median household income in New Albin, IA?
The median household income in New Albin is $61,953, 17% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in New Albin?
The median home value in New Albin is $134,600, compared with $208,000 in Iowa.
How much is rent in New Albin?
The median gross rent in New Albin is $358 per month, about 9% of household income.
Is New Albin, IA a good place to live?
Pluses: home values 35% lower than the state median; a poverty rate of 3.5%. Minuses: median household income 17% lower than the Iowa median; an average commute of 24 minutes.
What is the median age in New Albin?
The median age in New Albin is 40.3 years (Iowa: 38.6).
How long is the commute in New Albin?
The average commute to work in New Albin is 24 minutes; 3.9% of workers work from home.
What is the unemployment rate in New Albin?
The unemployment rate in New Albin is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Albin?
11.4% of adults in New Albin have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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