Promise City, IA
Population 86 · Iowa
About Promise City, IA
Promise City is a small community in Iowa with a population of 86 residents. The median household income is $41,406 per year, which is below the national average. The median age in Promise City is 54.5 years.
Housing in Promise City has a median home value of $52,800 and median monthly rent of $0. Of the 53 total housing units, the majority are owner-occupied, with 37 owner-occupied and 6 renter-occupied units.
The unemployment rate in Promise City is 0.0% and the poverty rate is 19.8%. 7.5% of residents hold a bachelor's degree or higher. The average commute time is 30.8 minutes.
Cost of Living in Promise City, IA
Compared to national averages, Promise City has a median household income of $41,406 (45% below the national median of $75,149). Home values average $52,800, which is 78% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Promise City's income is 39% below the state average of $67,947, and home values are 60% below the state median of $132,237.
Why Live in Promise City, IA?
Promise City offers affordable housing with a median home value of $52,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($41,406) that falls below the national average. However, Promise City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Promise City has a population of 86 with a median age of 54.5 years. Compare Promise City with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Promise City
What is the population of Promise City, IA?
The population of Promise City, IA is 86 according to the latest Census data.
What is the median household income in Promise City?
The median household income in Promise City, IA is $41,406 per year.
What is the median home value in Promise City?
The median home value in Promise City, IA is $52,800.
What is the average rent in Promise City?
The median monthly rent in Promise City, IA is $0.
What is the unemployment rate in Promise City?
The unemployment rate in Promise City, IA is 0.0%.