New Virginia, IA

Full City Profile · Iowa · Clarke County County

4.2 /5.0
A Great
513 Population 1,140/sq mi density
$75,875 Median Income $31,734 per capita
$168,100 Home Value $356,411 Zillow
$1,054 Median Rent 25.1% income on rent
50°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.5 / 5.0
$75,875 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$168,100 home value, $1,054/mo rent
B
Education
3.1 / 5.0
26.5% bachelor's degree or higher

New Virginia, IA

At a Glance

Median Income
$75,875
1% above
$31,734 per capita
Home Value
$168,100
40% below
Zillow: $356,411
Median Rent
$1,054/mo
9% below
25.1% of income on rent
Bachelor's Degree+
26.5%
21% below
98.6% high school+
Unemployment
0.0%
100% below
2.3% poverty rate
Obesity Rate
38.8%
21% above
13.6% smoking rate
Avg Temperature
50°F

How New Virginia Compares to the U.S. Average

Each bar shows New Virginia's value as a percentage of the national average (100% = U.S. avg)

Income
101%
Home Value
60%
Rent
91%
Poverty
19%
Bachelor's
79%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is New Virginia a Good Place to Live?

A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

New Virginia residents earn a median household income of $75,875 , which is 1% above the national average of $75,149. Per capita income is $31,734. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 2.3% of residents live below the poverty line. The area is home to 248 business establishments, including 18 restaurants.

Housing & Cost of Living

The median home value in New Virginia is $168,100 , 40% below the national median of $281,900. Zillow estimates the typical home at $356,411. Median rent is $1,054/month, with 25.1% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1965.

Education

26.5% of adults in New Virginia hold a bachelor's degree or higher (21% below the national average). 98.6% have completed high school. Local schools score 5.3/10 in standardized testing.

Climate & Weather

New Virginia has an average annual temperature of 50°F (10°C). Winters average 22°F in January while summers reach 75°F in July. Annual precipitation totals 38.7 inches.

Data Overview

People

Population513
Median Age31.7 yrs
Density1,140/mi²
Male / Female54% / 46%
Foreign Born0.0%
Veterans11.4%

Economy

A+
Median Income$75,875
Per Capita$31,734
Unemployment0.0%
Poverty2.3%
County GDP$639M
Avg Weekly Wage$961

Housing

A+
Home Value$168,100
Rent$1,054
Ownership72.9%
Zillow$356,411
Housing Units191
Rent Burden25.1%

Health

Obesity38.8%
Diabetes8.4%
Smoking13.6%
Heart Disease5.0%
Premature Death8,721/100K

Climate

Avg Temp50°F
Rain38.7 in/yr
Elevation1,078 ft

Education

B
Bachelor's+26.5%
High School+98.6%
Graduate+7.6%
School Score5.3/10

Community

2024 VoteR 70% / D 28%
Commute29 min
Broadband88.7%
Internet Speed104 Mbps
EV Stations1
Libraries2

Did You Know?

The median home in New Virginia was built in 1965.
The nearest airport is Des Moines International (22 miles).
The Gini coefficient (income inequality) is 0.450 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
11.3% of the population has a disability.
Average internet download speed is 104 Mbps.
The county recorded 2 fatal vehicle crashes.
91 declared natural disasters on record.