Living in Newell, Iowa
Cost of living, income, home prices, rent and demographics of Newell · Census data 2020–2024
Newell has 944 residents with a median age of 36.1. The median household income is $66,667 (11% lower than the Iowa median), the median home value is $122,600, the median rent is $825/month.
Newell is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Newell at a glance
- Population
- 944
- Median age
- 36.1State: 38.6
- Median household income
- $66,667State: $75,059
- Median home value
- $122,600State: $208,000
- Median rent
- $825/moState: $972
- Homeowners
- 72.5%
- Bachelor's degree or higher
- 19.8%
- Average commute
- 21 min
Is Newell a good place to live?
Pros: Home values 41% lower than the state median; a poverty rate of 2%.
Cons: Median household income 11% lower than the Iowa median; an average commute of 21 minutes; unemployment of 4.8%.
The weather is best in June to September.
Cost of living in Newell
Housing is the biggest part of the cost of living. In Newell the median home value is $122,600, 63% lower than the U.S. median. Renters pay a median of $825 per month, which is 20.4% of household income. Homeowners with a mortgage pay $1,078 a month in housing costs.
Newell median household income
The median household income in Newell is $66,667 and the income per person is $29,121. 2% of residents live below the poverty line (Iowa: 11.1%).
Housing in Newell: homes for sale and rent
- Housing units
- 389
- Owner-occupied
- 72.5%
- Renter-occupied
- 27.5%
- Vacant
- 8.5%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 2.57
Newell demographics
- Population
- 944
- Median age
- 36.1
- Under 18
- 35%
- 65 and older
- 16.4%
- Households
- 356
- Foreign-born
- 3%
- Veterans
- 4.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Newell ›
Education in Newell
19.8% of adults 25 and older in Newell have a bachelor's degree or higher (Iowa: 31.4%), and 6.2% have a graduate or professional degree.
Jobs and commute in Newell
- Unemployment rate
- 4.8%State: 3.6%
- Average commute
- 21 minState: 20 min
- Work from home
- 4.9%
- Drive alone
- 81.9%
- Public transit
- 0%
- Walk to work
- 4.3%
- Homes with broadband
- 87.1%
Newell vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newell | 944 | $66,667 | $122,600 | $825 |
| Fonda | 589 | $54,853 | $58,500 | $546 |
| Lakeside | 563 | $106,250 | $246,400 | $1,206 |
| Storm Lake | 11,428 | $62,765 | $172,200 | $898 |
| Albert City | 722 | $80,972 | $96,500 | $784 |
| Truesdale | 187 | $100,076 | $35,800 | $1,102 |
| Early | 869 | $91,370 | $90,300 | $620 |
| Sac City | 1,885 | $57,139 | $136,000 | $669 |
| Lytton | 357 | $62,708 | $65,600 | $683 |
More for people moving to Newell
Newell ZIP code ›Weather and climate ›Living in Newell: FAQ
What is the median household income in Newell, IA?
The median household income in Newell is $66,667, 11% 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 Newell?
The median home value in Newell is $122,600, compared with $208,000 in Iowa.
How much is rent in Newell?
The median gross rent in Newell is $825 per month, about 20.4% of household income.
Is Newell, IA a good place to live?
Pluses: home values 41% lower than the state median; a poverty rate of 2%. Minuses: median household income 11% lower than the Iowa median; an average commute of 21 minutes; unemployment of 4.8%.
What is the median age in Newell?
The median age in Newell is 36.1 years (Iowa: 38.6).
How long is the commute in Newell?
The average commute to work in Newell is 21 minutes; 4.9% of workers work from home.
What is the unemployment rate in Newell?
The unemployment rate in Newell is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newell?
19.8% of adults in Newell 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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