Ventura, IA Profile: Facts & Data

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Ventura, Iowa - Basic Facts

The City of Ventura had a population of 695 as of July 1, 2020.

The primary coordinate point for Ventura is located at latitude 43.1263 and longitude -93.4777 in Cerro Gordo County. The formal boundaries for the City of Ventura encompass a land area of 1.77 sq. miles and a water area of 0.66 sq. miles. Cerro Gordo County is in the Central time zone (GMT -6). The elevation is 1,263 feet.

The City of Ventura (GNIS ID: 2397124) 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 Ventura is located within Township of Clear Lake, a minor civil division (MCD) of Cerro Gordo County.

Alternate Unofficial Names for Ventura: Thayer's Siding.

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Ventura, IA Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 695 (100%)
Population in Households 695 (100.0%)
Population in Families 560 (80.6%)
Population in Group Quarters1 0
Population Density 392
Diversity Index2 8
 
 

INCOME

Median Household Income $73,862
Average Household Income $94,356
% of Income for Mortgage4 14%
Per Capita Income $43,345
Wealth Index5 139
 

HOUSING

Total HU (Housing Units) 378 (100%)
Owner Occupied HU 266 (70.4%)
Renter Occupied HU 42 (11.1%)
Vacant Housing Units 71 (18.8%)
Median Home Value $255,172
Average Home Value $272,932
Housing Affordability Index3 163
 

HOUSEHOLDS

Total Households 307
Average Household Size 2.26
Family Households 206
Average Family Size 3
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.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -0.3% -0.58%
Households -0.25% -0.53%
Families -0.42% -0.59%
Median Household Income   1.6%
Per Capita Income   1.81%
Owner Occupied HU   -0.53%

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Ventura, IA - Peer Comparisons by Rank and Percentile

The table below compares Ventura to the other 1,008 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2020 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 # 385 62nd
Population Density # 713 29th
Median Household Income # 187 82nd
Housing Affordability Index # 229 23rd
Per Capita Income # 50 95th
Diversity Index # 728 28th

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

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