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New Virginia, IA

Full City Profile · Iowa · Clarke County County

3.4 /5.0
B Good
513 Population 1,140/sq mi density
$75,875 Median Income $31,734 per capita
$168,100 Home Value $342,379 Zillow
$1,054 Median Rent 25.1% income on rent
50°F Avg Temperature 275 sunny days/yr
159 Violent Crime/100K 1,746 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
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
F
Safety
1.0 / 5.0
159 violent crimes/100K
B
Education
3.1 / 5.0
26.5% bachelor's degree or higher

Income Overview

Median Household Income
$75,875
1% above
US avg: $75,149
Per Capita Income
$31,734
19% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
2.3%
81% below
US avg: 12.4%

Income Comparison: New Virginia vs. U.S. Average

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

Median Household
US: $75,149
$75,875
101%
Per Capita
US: $39,052
$31,734
81%
IRS Avg AGI
US: $72,000
$60,534
84%
Avg Weekly Wage
US: $1,432
$961
67%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$961
33% below US avg ($1,432)
Mean Commute Time
29 min
5% above US avg (28 min)
Work From Home
13.6%
11% below US avg (15.2%)
Drive Alone
73.3%
0% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$639M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 73.3%
Public Transit 0%
Work From Home 13.6%
Other 13.1%
Average commute time
29 minutes
US avg: 28 min

Business Landscape

Total Establishments
248
Restaurants
18
Healthcare
29
Retail
25
Manufacturing
9

Tax & Financial

IRS Avg Adjusted Gross Income
$60,534
16% below US avg ($72,000)
Avg Property Tax
$4,650
33% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$75,875
Per Capita Income$31,734
IRS Avg Adjusted Gross Income$60,534
Avg Weekly Wage$961
County GDP$639M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate2.3%
Gini Coefficient0.450
Cost of Living Index87.8

Commute

Mean Commute29 minutes
Drive Alone73.3%
Public Transit0.0%
Work From Home13.6%

Businesses

Total Establishments248
Restaurants18
Healthcare29
Retail25
Manufacturing9

Tax

IRS Avg AGI$60,534
Avg Property Tax$4,650