Neola, UT
Population 370 · Utah
About Neola, UT
Neola is a small community located in Utah with a population of 370 residents according to the latest US Census Bureau American Community Survey data. The median household income is $96,250 per year, which is 28% above the national median of $75,149. The median age of 42.2 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 Neola features a median home value of $198,400, which is 19% below the national median of $244,900. This positions Neola in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 139 total housing units, 94% are owner-occupied (131 units) and 6% are renter-occupied (8 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Neola shows an unemployment rate of 11.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Neola have an average one-way commute time of 29.2 minutes.
Education & Demographics
7.7% of Neola 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 0.0% White, 14.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Neola Ranks in Utah
Cost of Living in Neola, UT
Compared to national averages, Neola has a median household income of $96,250 (28% above the national median of $75,149). Home values average $198,400, which is 19% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Utah, Neola's income is 8% above the state average of $88,715, and home values are 53% below the state median of $426,386.
Why Live in Neola, UT?
Neola offers a strong local economy with a median household income of $96,250, well above the national average, and affordable housing with a median home value of $198,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Neola has a population of 370 with a median age of 42.2 years. Compare Neola with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Neola
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pine Valley | 372 | $98,580 | $570,900 | Compare |
| Fort Duchesne | 375 | $40,052 | $167,000 | Compare |
| Bicknell | 383 | $71,563 | $338,900 | Compare |
| Brighton | 353 | $143,563 | $664,500 | Compare |
| New Harmony | 353 | $82,663 | $495,000 | Compare |
| Fayette | 388 | $67,917 | $234,400 | Compare |
| Teasdale | 352 | $72,708 | $606,800 | Compare |
| Boulder | 389 | $50,450 | $304,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Neola With Other Cities
Frequently Asked Questions about Neola
What is the population of Neola, UT?
The population of Neola, UT is 370 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Utah.
What is the median household income in Neola?
The median household income in Neola, UT is $96,250 per year, which is 28% above the national median of $75,149.
What is the median home value in Neola?
The median home value in Neola, UT is $198,400, which is 19% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Neola?
The median monthly rent in Neola, UT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Neola?
The unemployment rate in Neola, UT is 11.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Neola, UT a good place to live?
Neola offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 370 and a median age of 42.2, the city appeals to a broad range of residents.
How educated is Neola, UT?
7.7% of residents in Neola 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 Neola?
Key cost-of-living indicators for Neola, UT: median home value is $198,400 (19% below national), median rent is $0/month, and median household income is $96,250. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Neola?
The poverty rate in Neola, UT is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Neola, UT?
Neola's population is 0.0% White, 14.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.