Neola, Iowa

Population

Down 1.2% since 2020.

903

people, the 304th-largest of Iowa's cities and towns.

Census Population Estimates, 2025. Rank among Iowa's cities and towns computed by the Almanac. Sources: Census Population Estimates

The workday

9 in 10 jobs here go to people who live somewhere else.

85.2%

of 142 jobs located in Neola are filled by in-commuters.

Census LEHD LODES, 2023. Sources: Census LEHD LODES

Rent

Median rent is up 113% since the 2005–2009 survey, before inflation.

$968

a month. Iowa's median is $972.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year

The seam

Cross one tract line and median rent jumps $625.

A $625 gap between neighbors, the sharpest rent edge between adjacent tracts in Pottawattamie County.

• $823 Tract 310
• $1,448 Tract 312

Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

Room to build

The median rent sits inside what local wages can carry.

$811–$1,216

is the monthly rent range local workforce wages support.

• $968 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

Most of the housing here is older than 2000.

• 31 homes permitted in ten years, 2016–2025
• 0% of those were in multifamily buildings
• 87% of all homes were built before 2000

Census Building Permits Survey, 2016–2025; Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census Building Permits Survey, Census ACS 5-year

Units needed

Closing the gap would add 0.2% to the 417 homes here.

1

is the estimated number of missing housing units; all three estimates agree.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 1% less than Iowa's.

$205,100

median home value in Neola.

• $205,100 Neola
• $208,000 Iowa
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year