At a Glance
Median Income
$87,500
$33,652 per capita
Home Value
$119,800
Zillow: $217,667
Median Rent
$638/mo
9.0% of income on rent
Bachelor's Degree+
11.6%
90.5% high school+
Unemployment
0.5%
4.1% poverty rate
Obesity Rate
40.3%
17.4% smoking rate
How Nichols Compares to the U.S. Average
Each bar shows Nichols's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Nichols a Good Place to Live?
B+
3.9 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Nichols residents earn a median household income of $87,500 , which is 16% above the national average of $75,149.
Per capita income is $33,652. The unemployment rate stands at 0.5% (86% below the U.S. rate of 3.6%). 4.1% of residents live below the poverty line. The area is home to 1,233 business establishments, including 105 restaurants.
Housing & Cost of Living
The median home value in Nichols is $119,800 , 58% below the national median of $281,900.
Zillow estimates the typical home at $217,667. Median rent is $638/month, with 9.0% 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 1938.
Education
11.6% of adults in Nichols hold a bachelor's degree or higher
(66% below the national average).
90.5% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Nichols has an average annual temperature of 51°F (11°C).
Winters average 23°F in January while summers reach 76°F in July. Annual precipitation totals 35.7 inches. Air quality is rated Good with a median AQI of 38.
Data Overview
People
Population393
Median Age33.7 yrs
Density1,709/mi²
Male / Female46% / 54%
Foreign Born10.4%
Veterans9.2%
Economy
A+
Median Income$87,500
Per Capita$33,652
Unemployment0.5%
Poverty4.1%
County GDP$3,242M
Avg Weekly Wage$1,223
Housing
A+
Home Value$119,800
Rent$638
Ownership82.2%
Zillow$217,667
Housing Units188
Rent Burden9.0%
Health
Obesity40.3%
Diabetes9.8%
Smoking17.4%
Heart Disease5.6%
Premature Death7,717/100K
Climate
Avg Temp51°F
Rain35.7 in/yr
AQI38 (Good)
Elevation631 ft
Education
D
Bachelor's+11.6%
High School+90.5%
Graduate+0.4%
School Score5.4/10
Community
2024 VoteR 57% / D 42%
Commute28 min
Broadband82.9%
Internet Speed62 Mbps
EV Stations3
Libraries3
Did You Know?
The median home in Nichols was built in 1938.
The nearest airport is The Eastern Iowa (35 miles).
The Gini coefficient (income inequality) is 0.407 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
8.4% of the population has a disability.
10.4% of residents are foreign-born.
There are 105 restaurants in the area.
The county recorded 5 fatal vehicle crashes.