Living in New Sharon, Iowa
Cost of living, income, home prices, rent and demographics of New Sharon · Census data 2020–2024
New Sharon has 1,180 residents with a median age of 40.9. The median household income is $48,750 (35% lower than the Iowa median), the median home value is $133,600, the median rent is $668/month.
New Sharon is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
New Sharon at a glance
- Population
- 1,180
- Median age
- 40.9State: 38.6
- Median household income
- $48,750State: $75,059
- Median home value
- $133,600State: $208,000
- Median rent
- $668/moState: $972
- Homeowners
- 75.3%
- Bachelor's degree or higher
- 21%
- Average commute
- 19 min
Is New Sharon a good place to live?
Pros: Home values 36% lower than the state median; an average commute of 19 minutes.
Cons: Median household income 35% lower than the Iowa median; unemployment of 3.8%; a poverty rate of 14.4%.
The weather is best in June to September.
Cost of living in New Sharon
Housing is the biggest part of the cost of living. In New Sharon the median home value is $133,600, 60% lower than the U.S. median. Renters pay a median of $668 per month, which is 24.9% of household income. Homeowners with a mortgage pay $1,125 a month in housing costs.
New Sharon median household income
The median household income in New Sharon is $48,750 and the income per person is $35,042. 14.4% of residents live below the poverty line (Iowa: 11.1%).
Housing in New Sharon: homes for sale and rent
- Housing units
- 650
- Owner-occupied
- 75.3%
- Renter-occupied
- 24.7%
- Vacant
- 14%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.11
New Sharon demographics
- Population
- 1,180
- Median age
- 40.9
- Under 18
- 22.5%
- 65 and older
- 18.5%
- Households
- 559
- Foreign-born
- 0%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of New Sharon ›
Education in New Sharon
21% of adults 25 and older in New Sharon have a bachelor's degree or higher (Iowa: 31.4%), and 5.4% have a graduate or professional degree.
Jobs and commute in New Sharon
- Unemployment rate
- 3.8%State: 3.6%
- Average commute
- 19 minState: 20 min
- Work from home
- 11.7%
- Drive alone
- 78.8%
- Public transit
- 0%
- Walk to work
- 1.6%
- Homes with broadband
- 95.2%
New Sharon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Sharon | 1,180 | $48,750 | $133,600 | $668 |
| Searsboro | 109 | $66,250 | $104,200 | $967 |
| Barnes City | 117 | $82,500 | $110,300 | $525 |
| Lynnville | 527 | $60,682 | $146,300 | $631 |
| Montezuma | 1,410 | $65,660 | $179,400 | $858 |
| Leighton | 150 | $66,389 | $126,600 | $770 |
| Oskaloosa | 11,504 | $64,004 | $153,300 | $831 |
| Sully | 1,022 | $90,189 | $173,700 | $856 |
| University Park | 645 | $74,167 | $113,100 | $739 |
More for people moving to New Sharon
New Sharon ZIP code ›Weather and climate ›Living in New Sharon: FAQ
What is the median household income in New Sharon, IA?
The median household income in New Sharon is $48,750, 35% 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 Sharon?
The median home value in New Sharon is $133,600, compared with $208,000 in Iowa.
How much is rent in New Sharon?
The median gross rent in New Sharon is $668 per month, about 24.9% of household income.
Is New Sharon, IA a good place to live?
Pluses: home values 36% lower than the state median; an average commute of 19 minutes. Minuses: median household income 35% lower than the Iowa median; unemployment of 3.8%; a poverty rate of 14.4%.
What is the median age in New Sharon?
The median age in New Sharon is 40.9 years (Iowa: 38.6).
How long is the commute in New Sharon?
The average commute to work in New Sharon is 19 minutes; 11.7% of workers work from home.
What is the unemployment rate in New Sharon?
The unemployment rate in New Sharon is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Sharon?
21% of adults in New Sharon 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.
Last updated: