Lovilia, IA Profile: Facts & Data

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Lovilia, Iowa - Basic Facts

The City of Lovilia had a population of 469 as of July 1, 2023.

The primary coordinate point for Lovilia is located at latitude 41.1358 and longitude -92.9041 in Monroe County. The formal boundaries for the City of Lovilia encompass a land area of 0.5 sq. miles and a water area of 0 sq. miles. Monroe County is in the Central time zone (GMT -6).

The City of Lovilia has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Lovilia is located within Township of Union, a minor civil division (MCD) of Monroe County.


Jump to... (On This Page!)
  1. Lovilia 2023 Demographic Data
  2. Growth Rates for Lovilia (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Iowa Research Tools (Easy Tools & Current Data)
  3. Iowa Data Comparison Tool - 2023 Demographics
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Lovilia, IA Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 469 (100%)
Population in Households 469 (100.0%)
Population in Families 400 (85.3%)
Population in Group Quarters1 0
Population Density 909
Diversity Index2 13
 
 

INCOME

Median Household Income $64,305
Average Household Income $74,474
% of Income for Mortgage4 12%
Per Capita Income $29,536
Wealth Index5 57
Socioeconomic Status Index6 Moderate (62.1)
 

HOUSING

Total HU (Housing Units) 209 (100%)
Owner Occupied HU 165 (78.9%)
Renter Occupied HU 21 (10.0%)
Vacant Housing Units 23 (11.0%)
Median Home Value $123,649
Average Home Value $158,788
Housing Affordability Index3 190
 

HOUSEHOLDS

Total Households 186
Average Household Size 2.52
Family Households 135
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.20% -0.26%
Households -0.65% 0.00%
Families   -0.45%
Median Household Income   3.12%
Per Capita Income   2.56%
Owner Occupied HU   0.24%

Lovilia, IA - Peer Comparisons by Rank and Percentile

The table below compares Lovilia to the other 1,027 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 461 55th
Population Density # 325 68th
Median Household Income # 584 43rd
Housing Affordability Index # 817 80th
Per Capita Income # 917 11th
Diversity Index # 673 35th

Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.

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