New Hampton Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for New Hampton, Iowa? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for New Hampton, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2021 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2021, the median household income in New Hampton is $49,375.00.

The chart below shows the average household income by age in New Hampton.

• Under 25
  $34,539.00
• 25 to 44
  $73,988.00
• 45 to 64
  $48,750.00
• 65 and over
  $36,198.00

Average Household Income

A very commonly asked question is "what is the average household income in New Hampton, Iowa?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in New Hampton is $67,530.00.

3.14% of households in New Hampton, Iowa are classed as high income households (making $200,000+ per year).

Household Income Tiers for New Hampton

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for New Hampton, Iowa easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  19.37%
• $25,000 to $49,999
  31.45%
• $50,000 to $74,999
  19.58%
• $75,000 to $99,999
  11.39%
• $100,000 to $149,999
  12.21%
• $150,000 to $199,999
  2.86%
• $200,000 or more
  3.14%

Per Capita Income

The per capita income is the average income of all people in New Hampton, Iowa. This is calculated by dividing the total income of all people in New Hampton by the total number of people in New Hampton.

It differs from the average or mean household income because it includes all people in New Hampton and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in New Hampton, Iowa is $29,599.00.

Population in New Hampton by Race and Ethnicity

The total population in New Hampton is currently 3,452 people.

The race and ethnicity of the population in New Hampton can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in New Hampton, Iowa.

• 90.30% White
  3,118
• 1.00% Black/African American
  34
• 0.30% Native
  10
• 8.40% Hispanic
  290
• 0.00% Asian
  0
• 0.00% Hawaiian/Pacific Islander
  0
• 0.00% Two or more races
  0
• 0.00% Other
  0

Population of New Hampton by Age and Gender

Another very important demographics statistic for New Hampton, Iowa is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in New Hampton, Iowa.

• Master's degree or higher
  4.48%
• Bachelor's degree
  26.03%
• Some college or associate's degree
  10.95%
• High school diploma or equivalent
  56.89%
• Less than high school diploma
  1.65%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for New Hampton because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in New Hampton look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in New Hampton, Iowa that are over the age of 16.

The current population in New Hampton that are over the age of 16 is 2,659 people.

The unemployment rate in New Hampton is 3.80%, which means 783 people are unemployed.

Median Age in New Hampton

The median age is an interesting metric because it gives us an idea of the age distribution of people in New Hampton, Iowa. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in New Hampton is 41.8 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in New Hampton

41.8

Total

42.9

Male

41.1

Female

Households and Families

There are a total of 1,466 households in New Hampton, and the average household size is 2.27 people.

For families, the total number is 884, and the average family size is 2.93 people.

6.20% of those families in New Hampton, Iowa are living below the poverty line.

The table below shows the poverty thresholds for New Hampton in 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in New Hampton, Iowa for each type, as well as the average sizes.

Housing Data in New Hampton

There are total of 1,662 housing units in New Hampton, Iowa. Of those units, 1,466 (88.21%) are occupied, and 196 (11.79%) are vacant.

Rental Rates

Of the 1,662 housing units in New Hampton, 342 (20.58%) are occupied by renters. The median rent paid by renters is $615.00.

Owner occupied housing units make up the remaining 66.31% of housing units, with 1,102 housing units in total.

The table below breaks down how much rent is paid by renters in New Hampton, Iowa.

• No rent paid
  22
• Less than $500
  120
• $500 to $999
  217
• $1,000 to $1,499
  0
• $1,500 to $1,999
  0
• $2,000 to $2,499
  5
• $2,500 to $2,999
  0
• $3,000 or more
  0

Property Values

The median value of a property in New Hampton is $122,600.00.

The table below breaks down the range of valuations for all properties in New Hampton.

• Less than $50,000
  52
• $50,000 to $99,999
  365
• $100,000 to $149,999
  229
• $150,000 to $199,999
  226
• $200,000 to $299,999
  161
• $300,000 to $499,999
  50
• $500,000 to $999,999
  11
• $1,000,000 or more
  8

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in New Hampton, Iowa.

• 1939 or earlier
  555
• 1940 to 1949
  51
• 1950 to 1959
  181
• 1960 to 1969
  217
• 1970 to 1979
  244
• 1980 to 1989
  63
• 1990 to 1999
  300
• 2000 to 2009
  40
• 2010 to 2013
  11
• 2014 or later
  0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in New Hampton has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  70
• 1 vehicle available
  562
• 2 vehicles available
  506
• 3 or more vehicles available
  328

Commuting to Work in New Hampton

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of New Hampton, Iowa, how they commute, and how that correlates to other data points.

The average travel time is 17.1 minutes, and the chart below covers the range of travel times across the population of New Hampton.

• Less than 5 minutes
  332
• 5 to 9 minutes
  606
• 10 to 14 minutes
  248
• 15 to 19 minutes
  21
• 20 to 24 minutes
  31
• 25 to 29 minutes
  64
• 30 to 34 minutes
  44
• 35 to 39 minutes
  22
• 40 to 44 minutes
  32
• 45 to 59 minutes
  131
• 60 to 89 minutes
  103
• 90 or more minutes
  30

We can also look at the means of transport in New Hampton to see which modes of transport people are using to commute to work.

• Drove alone
  1,477
• Carpooled
  60
• Public transportation
  0
• Walked
  20
• Other means
  107
• Worked from home
  42

Conclusion

Hopefully this article has given you the demographics data you were looking for in New Hampton, Iowa.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for New Hampton.

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