Living in Nora Springs, Iowa
Cost of living, income, home prices, rent and demographics of Nora Springs · Census data 2020–2024
Nora Springs has 1,363 residents with a median age of 44.3. The median household income is $78,594 (5% higher than the Iowa median), the median home value is $134,500, the median rent is $669/month.
Nora Springs is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Nora Springs at a glance
- Population
- 1,363
- Median age
- 44.3State: 38.6
- Median household income
- $78,594State: $75,059
- Median home value
- $134,500State: $208,000
- Median rent
- $669/moState: $972
- Homeowners
- 83.1%
- Bachelor's degree or higher
- 19.8%
- Average commute
- 24 min
Is Nora Springs a good place to live?
Pros: Median household income 5% higher than the Iowa median; home values 35% lower than the state median; unemployment of 0.6%; a poverty rate of 5.3%.
Cons: An average commute of 24 minutes.
The weather is best in June to September.
Cost of living in Nora Springs
Housing is the biggest part of the cost of living. In Nora Springs the median home value is $134,500, 60% lower than the U.S. median. Renters pay a median of $669 per month, which is 26.8% of household income. Homeowners with a mortgage pay $1,264 a month in housing costs.
Nora Springs median household income
The median household income in Nora Springs is $78,594 and the income per person is $35,608. 5.3% of residents live below the poverty line (Iowa: 11.1%).
Housing in Nora Springs: homes for sale and rent
- Housing units
- 644
- Owner-occupied
- 83.1%
- Renter-occupied
- 16.9%
- Vacant
- 14.8%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.38
Nora Springs demographics
- Population
- 1,363
- Median age
- 44.3
- Under 18
- 21.3%
- 65 and older
- 26.3%
- Households
- 549
- Foreign-born
- 0.4%
- Veterans
- 7.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Nora Springs ›
Education in Nora Springs
19.8% of adults 25 and older in Nora Springs have a bachelor's degree or higher (Iowa: 31.4%), and 5.5% have a graduate or professional degree.
Jobs and commute in Nora Springs
- Unemployment rate
- 0.6%State: 3.6%
- Average commute
- 24 minState: 20 min
- Work from home
- 11.2%
- Drive alone
- 84.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 87.6%
Nora Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Nora Springs | 1,363 | $78,594 | $134,500 | $669 |
| Rudd | 481 | $75,833 | $111,600 | $859 |
| Rock Falls | 119 | $71,042 | $156,300 | — |
| Rockford | 839 | $65,428 | $94,600 | $831 |
| Plymouth | 407 | $80,000 | $125,700 | $831 |
| Mason City | 27,050 | $64,804 | $142,000 | $882 |
| Grafton | 271 | $48,750 | $93,300 | $638 |
| Floyd | 315 | $63,393 | $107,700 | $700 |
| Manly | 1,320 | $72,813 | $120,300 | $756 |
More for people moving to Nora Springs
Nora Springs ZIP code ›Weather and climate ›Living in Nora Springs: FAQ
What is the median household income in Nora Springs, IA?
The median household income in Nora Springs is $78,594, 5% higher 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 Nora Springs?
The median home value in Nora Springs is $134,500, compared with $208,000 in Iowa.
How much is rent in Nora Springs?
The median gross rent in Nora Springs is $669 per month, about 26.8% of household income.
Is Nora Springs, IA a good place to live?
Pluses: median household income 5% higher than the Iowa median; home values 35% lower than the state median; unemployment of 0.6%; a poverty rate of 5.3%. Minuses: an average commute of 24 minutes.
What is the median age in Nora Springs?
The median age in Nora Springs is 44.3 years (Iowa: 38.6).
How long is the commute in Nora Springs?
The average commute to work in Nora Springs is 24 minutes; 11.2% of workers work from home.
What is the unemployment rate in Nora Springs?
The unemployment rate in Nora Springs is 0.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Nora Springs?
19.8% of adults in Nora Springs 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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