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New Sharon, IA

Full City Profile · Iowa · Mahaska County County

3.2 /5.0
B Good
1,147 Population 1,220/sq mi density
$60,000 Median Income $36,395 per capita
$125,000 Home Value $210,303 Zillow
$564 Median Rent 24.8% income on rent
50°F Avg Temperature 275 sunny days/yr
164 Violent Crime/100K 1,604 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$60,000 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$125,000 home value, $564/mo rent
F
Safety
1.0 / 5.0
164 violent crimes/100K
C+
Education
2.8 / 5.0
21.9% bachelor's degree or higher

Housing Overview

Median Home Value
$125,000
56% below
US avg: $281,900
Median Rent
$564/mo
52% below
US avg: $1,163/mo
Homeownership Rate
78.6%
20% above US avg (65.4%)
Total Housing Units
652
Median year built: 1958

Home Value by Source

Census Median
$125,000
Zillow (ZHVI)
$210,303
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.6%
Owner-Occupied
21.4%
Renter-Occupied
79%
21%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $564/mo

Affordability & Housing Stock

Rent Burden
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
78.6%

Complete Housing Data

Home Values

Census Median Value$125,000
Zillow Home Value (ZHVI)$210,303

Rent

Census Median Rent$564
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Ownership & Stock

Owner-Occupied78.6%
Renter-Occupied21.4%
Homeownership Rate78.6%
Total Housing Units652
Median Year Built1958
Rent Burden24.8%