Living in Parnell, Iowa

Cost of living, income, home prices, rent and demographics of Parnell · Census data 2020–2024

Parnell has 303 residents with a median age of 34.6. The median household income is $70,893 (6% lower than the Iowa median), the median home value is $181,300, the median rent is $679/month.

Parnell is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Parnell at a glance

Population
303
Median age
34.6State: 38.6
Median household income
$70,893State: $75,059
Median home value
$181,300State: $208,000
Median rent
$679/moState: $972
Homeowners
70.9%
Bachelor's degree or higher
4.3%
Average commute
24 min

Is Parnell a good place to live?

Pros: Home values 13% lower than the state median; unemployment of 2.1%.

Cons: Median household income 6% lower than the Iowa median; an average commute of 24 minutes; a poverty rate of 13.2%.

The weather is best in June to September.

Cost of living in Parnell

Housing is the biggest part of the cost of living. In Parnell the median home value is $181,300, 46% lower than the U.S. median. Renters pay a median of $679 per month, which is 22.5% of household income. Homeowners with a mortgage pay $1,625 a month in housing costs.

Median home value

Parnell$181,300
Iowa$208,000
United States$332,700

Median monthly rent

Parnell$679
Iowa$972
United States$1,413

Parnell median household income

The median household income in Parnell is $70,893 and the income per person is $34,295. 13.2% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Parnell$70,893
Iowa$75,059
United States$80,734

Housing in Parnell: homes for sale and rent

Housing units
157
Owner-occupied
70.9%
Renter-occupied
29.1%
Vacant
3.8%Includes seasonal homes
Median year built
1969
Average household size
2.01

Parnell demographics

Population
303
Median age
34.6
Under 18
28.1%
65 and older
7.3%
Households
151
Foreign-born
9.2%
Veterans
4.6%Adults 18+

Race and ethnicity

White80.2%
Hispanic or Latino30.4%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Parnell ›

Education in Parnell

4.3% of adults 25 and older in Parnell have a bachelor's degree or higher (Iowa: 31.4%), and 2.1% have a graduate or professional degree.

Bachelor's degree or higher

Parnell4.3%
Iowa31.4%
United States35.7%

Jobs and commute in Parnell

Unemployment rate
2.1%State: 3.6%
Average commute
24 minState: 20 min
Work from home
2.2%
Drive alone
88.1%
Public transit
0%
Walk to work
5.4%
Homes with broadband
96.7%

Parnell vs nearby towns

TownPopulationMedian incomeHome valueRent
Parnell303$70,893$181,300$679
Williamsburg3,360$58,059$204,300$671
North English852$54,531$118,600$680
Millersburg129$79,688$106,500$613
Kinross171$73,438$73,100—
South English260$51,016$97,000—
Wellman1,454$57,560$174,500$820
South Amana121$109,792$331,300—
Webster134$34,773$83,300—

More for people moving to Parnell

Parnell ZIP code ›Weather and climate ›

Living in Parnell: FAQ

What is the median household income in Parnell, IA?

The median household income in Parnell is $70,893, 6% 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 Parnell?

The median home value in Parnell is $181,300, compared with $208,000 in Iowa.

How much is rent in Parnell?

The median gross rent in Parnell is $679 per month, about 22.5% of household income.

Is Parnell, IA a good place to live?

Pluses: home values 13% lower than the state median; unemployment of 2.1%. Minuses: median household income 6% lower than the Iowa median; an average commute of 24 minutes; a poverty rate of 13.2%.

What is the median age in Parnell?

The median age in Parnell is 34.6 years (Iowa: 38.6).

How long is the commute in Parnell?

The average commute to work in Parnell is 24 minutes; 2.2% of workers work from home.

What is the unemployment rate in Parnell?

The unemployment rate in Parnell is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Parnell?

4.3% of adults in Parnell 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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