City

Ely, IA

1 ZIP code  ·  Linn County  ·  Iowa

👥2,864Population
💰$111,000Median HH Income▲ 45% above avg
🎂38.3Median Age
🏠$299,600Median Home Value≈ Avg
🎓51.6%College Grads▲ 33% above avg
📊2.3%Unemployment▼ 53% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 54.1% Female 45.9% ♀

Race & Ethnicity

White: 96.4%Hispanic: 0.5%Black: 0.4%Asian: 1.5%Other: 0.9%Race
White96.4%
Hispanic0.5%
Black0.4%
Asian1.5%
Other0.9%

Age Breakdown

Under 5
7%
5–17
19%
18–24
6%
25–44
28%
45–64
24%
65+
11%

Key Indicators

Median Age38.3 yrs
Avg HH Size2.58
Below Poverty2.9% ▼ 71% below avg
College Grads51.6% ▲ 33% above avg
Unemployment2.3% ▼ 53% below avg
No HS Diploma12 (0.6%)
HS Graduate500 (26.6%)
Some College154 (8.2%)
Associates243 (12.9%)
Bachelors293 (15.6%)
Graduate Degree675 (36%)

Education

No HS: 0.6%HS Grad: 26.6%Some College: 8.2%Associates: 12.9%Bachelors: 15.6%Graduate: 36%Edu
No HS0.6%
HS Grad26.6%
Some College8.2%
Associates12.9%
Bachelors15.6%
Graduate36.0%
Housing & Income

Housing Tenure

Owner: 84.2%Renter: 15.8%Tenure
Owner84.2%
Renter15.8%

Home Value Distribution

Under $50k
4%
$50k–$100k
1%
$100k–$150k
5%
$150k–$200k
11%
$200k–$300k
29%
$300k–$500k
35%
Over $500k
15%

Financials

Median HH Income$111,000 ▲ 45% above avg
Median Home Value$299,600 ≈ Avg
Home/Income Ratio2.7x (nat avg ~3.5x)
Median Rent$973/mo
Total Housing Units1,121
Vacant Units11

Income Distribution

Under $25k
2%
$25k–$50k
12%
$50k–$75k
15%
$75k–$100k
16%
$100k–$150k
20%
$150k–$200k
22%
Over $200k
13%
Employment & Commute

How People Get to Work

Drove Alone
88%
Public Transit
1%
Walked
1%
Work From Home
10%

Commute Time

Under 15 min
30%
15–30 min
46%
30–45 min
19%
Over 45 min
4%
Housing Stock

Year Built

1940s–1950s
2%
1960s–1970s
7%
1980s–1990s
23%
2000+
68%
About Ely, IA

Ely is a city in Iowa, located in Linn County. The city spans 1 ZIP code and is home to approximately 2,864 residents. It is a middle-aged city, with a median age of 38.3 years.

Economically, Ely is a upper-middle-income community. The median household income of $111,000 is above the national average. Approximately 2.9% of residents live below the poverty line. The unemployment rate is 2.3%, well below the national average.

The real estate market in Ely is a mid-range housing market. Median home values stand at $299,600, which is near the national average. Renters typically pay around $973 per month. Homeownership is high at 84.2%, typical of suburban and family-oriented communities.

The population of Ely is well-educated. 51.6% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (96.4%).

Ely, IA offers residents above-average earning potential within Iowa.

ZIP Codes in Ely
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
52227 2,864 $111,000 $299,600 $973 2.3% 51.6% 84.2%