Neola, IA
Population 1,098 · Iowa
About Neola, IA
Neola is a small community in Iowa with a population of 1,098 residents. The median household income is $68,859 per year, which is near the national average. The median age in Neola is 35.5 years.
Housing in Neola has a median home value of $166,400 and median monthly rent of $994. Of the 414 total housing units, the majority are owner-occupied, with 291 owner-occupied and 120 renter-occupied units.
The unemployment rate in Neola is 0.4% and the poverty rate is 6.3%. 14.4% of residents hold a bachelor's degree or higher. The average commute time is 26.2 minutes.
How Neola Ranks in Iowa
Cost of Living in Neola, IA
Compared to national averages, Neola has a median household income of $68,859 (8% below the national median of $75,149). Home values average $166,400, which is 32% below the national median. Monthly rent at $994 is 15% below the US average of $1,163. Within Iowa, Neola's income is 1% above the state average of $67,947, and home values are 26% above the state median of $132,237.
Why Live in Neola, IA?
Neola offers affordable housing with a median home value of $166,400, below the US average of $244,900, and rent that’s lower than the national average at $994/month, and a strong job market with an unemployment rate of just 0.4%. Additionally, the city features a low poverty rate of 6.3%, better than the national average.
Potential considerations include median household income ($68,859) that falls below the national average. However, Neola’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Neola has a population of 1,098 with a median age of 35.5 years. Compare Neola with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Neola
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sully | 1,092 | $86,576 | $165,600 | Compare |
| Buffalo | 1,090 | $74,773 | $120,400 | Compare |
| Fruitland | 1,107 | $101,375 | $219,000 | Compare |
| Eddyville | 1,085 | $61,205 | $107,300 | Compare |
| Lansing | 1,111 | $49,537 | $145,800 | Compare |
| Winthrop | 1,081 | $64,904 | $149,200 | Compare |
| Larchwood | 1,076 | $69,327 | $189,700 | Compare |
| Winfield | 1,065 | $46,364 | $99,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
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 Neola
What is the population of Neola, IA?
The population of Neola, IA is 1,098 according to the latest Census data.
What is the median household income in Neola?
The median household income in Neola, IA is $68,859 per year.
What is the median home value in Neola?
The median home value in Neola, IA is $166,400.
What is the average rent in Neola?
The median monthly rent in Neola, IA is $994.
What is the unemployment rate in Neola?
The unemployment rate in Neola, IA is 0.4%.