Beaman, IA Profile: Facts & Data

Beaman, Iowa - Basic Facts

The City of Beaman had a population of 158 as of July 1, 2024.

The primary coordinate point for Beaman is located at latitude 42.2197 and longitude -92.8235 in Grundy County. The formal boundaries for the City of Beaman encompass a land area of 0.19 sq. miles and a water area of 0.01 sq. miles. Grundy County is in the Central time zone (GMT -6).

The City of Beaman 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 Beaman is located within Township of Clay, a minor civil division (MCD) of Grundy County.

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Beaman, IA Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	158 (100%)
Population in Households	158 (100.0%)
Population in Families	131 (82.9%)
Population in Group Quarters¹	0
Population Density	847
Diversity Index²	15


INCOME
Median Household Income	$85,357
Average Household Income	$102,086
% of Income for Mortgage⁴	15%
Per Capita Income	$45,228
Wealth Index⁵	103
Socioeconomic Status Index⁶	High (70.8)

HOUSING
Total HU (Housing Units)	78 (100%)
Owner Occupied HU	57 (73.1%)
Renter Occupied HU	13 (16.7%)
Vacant Housing Units	8 (10.3%)
Median Home Value	$205,357
Average Home Value	$242,982
Housing Affordability Index³	156

HOUSEHOLDS
Total Households	70
Average Household Size	2.26
Family Households	47
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

78 (100%)

Owner Occupied HU

57 (73.1%)

Renter Occupied HU

13 (16.7%)

Vacant Housing Units

8 (10.3%)

Median Home Value

$205,357

Average Home Value

$242,982

Housing Affordability Index³

156

HOUSEHOLDS

Total Households

Average Household Size

2.26

Family Households

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
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	2020-2024	2024-2029
Population	-0.44%	0.00%
Households	-0.66%	0.00%
Families		0.84%
Median Household Income		0.87%
Per Capita Income		2.54%
Owner Occupied HU		0.35%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.44%

0.00%

Households

-0.66%

0.00%

Families

0.84%

Median Household Income

0.87%

Per Capita Income

2.54%

Owner Occupied HU

0.35%

Beaman, IA - Peer Comparisons by Rank and Percentile

The table below compares Beaman to the other 1,026 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2024 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	# 738	28th
Population Density	# 351	66th
Median Household Income	# 276	73rd
Housing Affordability Index	# 694	68th
Per Capita Income	# 319	69th
Diversity Index	# 545	48th

Variable Description

Rank

Percentile

Total Population

# 738

28th

Population Density

# 351

66th

Median Household Income

# 276

73rd

Housing Affordability Index

# 694

68th

Per Capita Income

# 319

69th

Diversity Index

# 545

48th

Iowa Census Data Comparison Tool

Beaman, IA Profile: Facts & Data

Beaman, Iowa - Basic Facts

Beaman, IA Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Beaman, IA - Peer Comparisons by Rank and Percentile

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Grundy County