Nevada, IA Profile: Facts & Data


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Nevada, Iowa - Basic Facts

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The City of Nevada had a population of 7,227 as of July 1, 2021. Nevada ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Iowa. See peer rankings below.

The primary coordinate point for Nevada is located at latitude 42.0228 and longitude -93.4524 in Story County. The formal boundaries for the City of Nevada encompass a land area of 5.31 sq. miles and a water area of 0.02 sq. miles. Story County is in the Central time zone (GMT -6). The elevation is 1,004 feet.

The City of Nevada 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 Nevada is located within Township of Nevada, a minor civil division (MCD) of Story County.

Jump to... (On This Page!)
  1. Nevada 2021 Demographic Data
  2. Growth Rates for Nevada (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 - 2021 Demographics

Nevada, IA Data & Demographics (As of July 1, 2021)


Total Population 7,227 (100%)
Population in Households 6,956 (96.3%)
Population in Families 5,615 (77.7%)
Population in Group Quarters1 271 ( 3.7%)
Population Density 1,269
Diversity Index2 21


Median Household Income $63,306
Average Household Income $83,015
% of Income for Mortgage4 11%
Per Capita Income $33,536
Wealth Index5 85


Total HU (Housing Units) 3,222 (100%)
Owner Occupied HU 2,290 (71.1%)
Renter Occupied HU 647 (20.1%)
Vacant Housing Units 285 ( 8.8%)
Median Home Value $165,413
Average Home Value $196,692
Housing Affordability Index3 189


Total Households 2,937
Average Household Size 2.37
Family Households 1,925
Average Family Size 3
  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.


2010-2021 2021-2026
Population 0.54% 0.49%
Households 0.55% 0.56%
Families 0.54% 0.45%
Median Household Income   1.87%
Per Capita Income   2.44%
Owner Occupied HU   0.93%

Nevada, IA - Peer Comparisons by Rank and Percentile

The table below compares Nevada to the other 1,008 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2021 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 # 57 94th
Population Density # 167 84th
Median Household Income # 398 61st
Housing Affordability Index # 355 35th
Per Capita Income # 328 68th
Diversity Index # 179 82nd

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

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