Parnell, IA Profile: Facts & Data

The City of Parnell had a population of 193 as of July 1, 2024. Parnell ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Iowa. See peer rankings below.

The primary coordinate point for Parnell is located at latitude 41.5831 and longitude -92.0041 in Iowa County. The formal boundaries for the City of Parnell encompass a land area of 0.17 sq. miles and a water area of 0 sq. miles. Iowa County is in the Central time zone (GMT -6).

The City of Parnell 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.

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

POPULATION
Total Population	193 (100%)
Population in Households	193 (100.0%)
Population in Families	160 (82.9%)
Population in Group Quarters¹	0
Population Density	1,087
Diversity Index²	21


INCOME
Median Household Income	$63,891
Average Household Income	$92,252
% of Income for Mortgage⁴	23%
Per Capita Income	$37,761
Wealth Index⁵	86
Socioeconomic Status Index⁶	Moderate (57.9)

HOUSING
Total HU (Housing Units)	90 (100%)
Owner Occupied HU	70 (77.8%)
Renter Occupied HU	9 ( 10.0%)
Vacant Housing Units	11 (12.2%)
Median Home Value	$230,000
Average Home Value	$438,929
Housing Affordability Index³	104

HOUSEHOLDS
Total Households	79
Average Household Size	2.44
Family Households	54
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.

Parnell, IA - Peer Comparisons by Rank and Percentile

The table below compares Parnell 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.12%	-0.74%
Households	-0.59%	-1.03%
Families		0.37%
Median Household Income		3.45%
Per Capita Income		3.01%
Owner Occupied HU		-0.58%

Variable Description	Rank	Percentile
Total Population	# 692	33rd
Population Density	# 221	79th
Median Household Income	# 732	29th
Housing Affordability Index	# 315	31st
Per Capita Income	# 640	38th
Diversity Index	# 306	71st

Parnell, IA Profile: Facts & Data

Parnell, Iowa - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Parnell, IA - Peer Comparisons by Rank and Percentile

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