New Virginia, IA Community Information

New Virginia, IA Homes for Sale

New Virginia, IA Community Information

Population

1,214

Median Age

42.2

Median Household Income

$60,210

Households with Children

36.84%

Median Travel Time to Work

32 minutes

New Virginia, IA Real Estate Market Information

Homes Owned

84.09%

Homes Rented

12.38%

Homes Vacant

3.54%

New Virginia, IA Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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New Virginia, IA School Information

Elementary Schools

Primary Schools

Middle Schools

High Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 1,214
  • Total Male Population 634
  • Total Female Population 580
  • Population change since 2000 12.72%
  • Median age 42.2
  • Percent of households with children 36.84%
  • Personal Crime risk 37

Transportation

  • Median travel time to work 32 minutes
  • Percent using Public transportation 0.00%
  • Percent Driving/Using Carpool 85.81
  • Percent Using Other transportation 4.24%
  • Percent Working From Home 9.95%

Education Levels

  • Some high school 6.71%
  • High school graduate 47.70%
  • Some college 23.56%
  • Associate degree 9.42%
  • Bachelor's degree 8.48%
  • Graduate degree 4.12%

Occupation

  • Agriculture, forestry, and fishing 5.71%
  • Construction 11.09%
  • Manufacturing 11.58%
  • Wholesale Trade 3.43%
  • Retail Trade 9.46%
  • Finance, insurance and real estate 13.21%
  • Services 7.18%
  • Public administration 5.55%
  • Information 3.75%
  • Professional 6.53%
  • Education 12.40%
  • Arts 3.43%

Income

  • Average household income $69,483
  • Income change since 2000 29.11%

Climate

  • Avg. January high/low temp 30.79 / 12.09
  • Avg. July high/low temp 86.70 / 64.44
  • Annual precipitation 35.52
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