Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.5 yrs |
|---|---|
| Avg HH Size | 2.51 |
| Below Poverty | 24.8% ▲ 148% above avg |
| College Grads | 22.2% ▼ 43% below avg |
| HS Graduate | 109 (40.4%) |
| Some College | 61 (22.6%) |
| Associates | 40 (14.8%) |
| Bachelors | 22 (8.1%) |
| Graduate Degree | 38 (14.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $59,231 ▼ 22% below avg |
|---|---|
| Median Home Value | $104,200 ▼ 63% below avg |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $1,250/mo |
| Total Housing Units | 166 |
| Vacant Units | 10 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Promise City is a city in Iowa, located in Wayne County. The city spans 1 ZIP code and is home to approximately 391 residents. It is a mature city, with a median age of 46.5 years.
Economically, Promise City is a solidly middle-class community. The median household income of $59,231 is below the national average. Approximately 24.8% of residents live below the poverty line.
The real estate market in Promise City is one of the more affordable housing markets in the country. Median home values stand at $104,200, which is well below the national average. Renters typically pay around $1,250 per month. Homeownership is high at 82.1%, typical of suburban and family-oriented communities.
The population of Promise City is less-educated. 22.2% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (91.56%).
Promise City, IA offers residents a cost-conscious lifestyle within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 52583 | 391 | $59,231 | $104,200 | $1,250 | 0.0% | 22.2% | 82.1% |