Living in Sheffield, Iowa
Cost of living, income, home prices, rent and demographics of Sheffield · Census data 2020–2024
Sheffield has 1,053 residents with a median age of 46.2. The median household income is $54,458 (27% lower than the Iowa median), the median home value is $151,000, the median rent is $700/month.
Sheffield is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Sheffield at a glance
- Population
- 1,053
- Median age
- 46.2State: 38.6
- Median household income
- $54,458State: $75,059
- Median home value
- $151,000State: $208,000
- Median rent
- $700/moState: $972
- Homeowners
- 73.6%
- Bachelor's degree or higher
- 17.8%
- Average commute
- 27 min
Is Sheffield a good place to live?
Pros: Home values 27% lower than the state median; unemployment of 3.3%.
Cons: Median household income 27% lower than the Iowa median; an average commute of 27 minutes; a poverty rate of 13.4%.
The weather is best in June to September.
Cost of living in Sheffield
Housing is the biggest part of the cost of living. In Sheffield the median home value is $151,000, 55% lower than the U.S. median. Renters pay a median of $700 per month, which is 30.9% of household income. Homeowners with a mortgage pay $1,175 a month in housing costs.
Sheffield median household income
The median household income in Sheffield is $54,458 and the income per person is $33,215. 13.4% of residents live below the poverty line (Iowa: 11.1%).
Housing in Sheffield: homes for sale and rent
- Housing units
- 510
- Owner-occupied
- 73.6%
- Renter-occupied
- 26.4%
- Vacant
- 8%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.07
Sheffield demographics
- Population
- 1,053
- Median age
- 46.2
- Under 18
- 18.1%
- 65 and older
- 31.1%
- Households
- 469
- Foreign-born
- 1.7%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Sheffield ›
Education in Sheffield
17.8% of adults 25 and older in Sheffield have a bachelor's degree or higher (Iowa: 31.4%), and 5.6% have a graduate or professional degree.
Jobs and commute in Sheffield
- Unemployment rate
- 3.3%State: 3.6%
- Average commute
- 27 minState: 20 min
- Work from home
- 6.8%
- Drive alone
- 68.6%
- Public transit
- 0%
- Walk to work
- 8.2%
- Homes with broadband
- 82.9%
Sheffield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sheffield | 1,053 | $54,458 | $151,000 | $700 |
| Chapin | 137 | $73,091 | $94,000 | — |
| Rockwell | 986 | $60,982 | $163,300 | $575 |
| Swaledale | 148 | $51,912 | $62,900 | — |
| Thornton | 514 | $67,031 | $115,500 | $839 |
| Hampton | 4,306 | $47,088 | $99,400 | $631 |
| Latimer | 681 | $61,042 | $110,800 | $1,005 |
| Meservey | 262 | $46,750 | $50,800 | $631 |
| Coulter | 228 | $62,917 | $90,000 | $693 |
More for people moving to Sheffield
Sheffield ZIP code ›Weather and climate ›Living in Sheffield: FAQ
What is the median household income in Sheffield, IA?
The median household income in Sheffield is $54,458, 27% 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 Sheffield?
The median home value in Sheffield is $151,000, compared with $208,000 in Iowa.
How much is rent in Sheffield?
The median gross rent in Sheffield is $700 per month, about 30.9% of household income.
Is Sheffield, IA a good place to live?
Pluses: home values 27% lower than the state median; unemployment of 3.3%. Minuses: median household income 27% lower than the Iowa median; an average commute of 27 minutes; a poverty rate of 13.4%.
What is the median age in Sheffield?
The median age in Sheffield is 46.2 years (Iowa: 38.6).
How long is the commute in Sheffield?
The average commute to work in Sheffield is 27 minutes; 6.8% of workers work from home.
What is the unemployment rate in Sheffield?
The unemployment rate in Sheffield is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sheffield?
17.8% of adults in Sheffield 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: