Harvey, IA
Population 204 · Iowa
About Harvey, IA
Harvey is a small community located in Iowa with a population of 204 residents according to the latest US Census Bureau American Community Survey data. The median household income is $48,750 per year, which is 35% below the national median of $75,149. The median age of 46.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Harvey features a median home value of $69,400, which is 72% below the national median of $244,900. This makes Harvey one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $938, 19% below the national average of $1,163/month. Of the 103 total housing units, 81% are owner-occupied (67 units) and 19% are renter-occupied (16 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Harvey shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Harvey have an average one-way commute time of 20.9 minutes.
Education & Demographics
12.8% of Harvey residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 5.4% White, 2.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.5% of the population being foreign-born.
Cost of Living in Harvey, IA
Compared to national averages, Harvey has a median household income of $48,750 (35% below the national median of $75,149). Home values average $69,400, which is 72% below the national median. Monthly rent at $938 is 19% below the US average of $1,163. Within Iowa, Harvey's income is 28% below the state average of $67,947, and home values are 48% below the state median of $132,237.
Why Live in Harvey, IA?
Harvey offers affordable housing with a median home value of $69,400, below the US average of $244,900, and rent that’s lower than the national average at $938/month, and a strong job market with an unemployment rate of just 2.2%. Additionally, the city features a low poverty rate of 9.3%, better than the national average, and short commute times averaging just 20.9 minutes.
Potential considerations include median household income ($48,750) that falls below the national average. However, Harvey’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Harvey has a population of 204 with a median age of 46.3 years. Compare Harvey with other cities to see how it stacks up, or explore all cities in Iowa.
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Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Harvey
What is the population of Harvey, IA?
The population of Harvey, IA is 204 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Harvey?
The median household income in Harvey, IA is $48,750 per year, which is 35% below the national median of $75,149.
What is the median home value in Harvey?
The median home value in Harvey, IA is $69,400, which is 72% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Harvey?
The median monthly rent in Harvey, IA is $938, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Harvey?
The unemployment rate in Harvey, IA is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Harvey, IA a good place to live?
Harvey offers a moderate cost of living, affordable housing, and a strong job market. With a population of 204 and a median age of 46.3, the city appeals to established professionals and retirees.
How educated is Harvey, IA?
12.8% of residents in Harvey aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Harvey?
Key cost-of-living indicators for Harvey, IA: median home value is $69,400 (72% below national), median rent is $938/month, and median household income is $48,750. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Harvey?
The poverty rate in Harvey, IA is 9.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Harvey, IA?
Harvey's population is 5.4% White, 2.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.5% of residents are foreign-born.