City

Shannon City, IA

1 ZIP code  ·  Union County  ·  Iowa

👥260Population
💰$90,139Median HH Income▲ 18% above avg
🎂54.2Median Age
🏠$90,000Median Home Value▼ 68% below avg
🎓51.0%College Grads▲ 32% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 53.5% Female 46.5% ♀

Race & Ethnicity

White: 86.9%Hispanic: 13.1%Race
White86.9%
Hispanic13.1%

Age Breakdown

Under 5
4%
5–17
20%
25–44
16%
45–64
43%
65+
6%

Key Indicators

Median Age54.2 yrs
Avg HH Size2.22
Below Poverty2.7% ▼ 73% below avg
College Grads51.0% ▲ 32% above avg
HS Graduate44 (22.9%)
Some College32 (16.7%)
Associates18 (9.4%)
Bachelors53 (27.6%)
Graduate Degree45 (23.4%)

Education

HS Grad: 22.9%Some College: 16.7%Associates: 9.4%Bachelors: 27.6%Graduate: 23.4%Edu
HS Grad22.9%
Some College16.7%
Associates9.4%
Bachelors27.6%
Graduate23.4%
Housing & Income

Housing Tenure

Owner: 82.1%Renter: 18%Tenure
Owner82.1%
Renter18.0%

Home Value Distribution

Under $50k
18%
$50k–$100k
46%
$100k–$150k
18%
$150k–$200k
3%
$200k–$300k
4%
$300k–$500k
4%
Over $500k
7%

Financials

Median HH Income$90,139 ▲ 18% above avg
Median Home Value$90,000 ▼ 68% below avg
Home/Income Ratio1.0x (nat avg ~3.5x)
Median Rent$1,068/mo
Total Housing Units128
Vacant Units11

Income Distribution

Under $25k
2%
$25k–$50k
7%
$50k–$75k
24%
$75k–$100k
15%
$100k–$150k
33%
$150k–$200k
7%
Over $200k
11%
Employment & Commute

How People Get to Work

Drove Alone
80%
Walked
11%
Work From Home
9%

Commute Time

Under 15 min
17%
15–30 min
77%
30–45 min
1%
Over 45 min
5%
Housing Stock

Year Built

1940s–1950s
13%
1960s–1970s
10%
1980s–1990s
7%
2000+
71%
About Shannon City, IA

Shannon City is a city in Iowa, located in Union County. The city spans 1 ZIP code and is home to approximately 260 residents. It is a mature city, with a median age of 54.2 years.

Economically, Shannon City is a middle-income community. The median household income of $90,139 is above the national average. Approximately 2.7% of residents live below the poverty line.

The real estate market in Shannon City is one of the more affordable housing markets in the country. Median home values stand at $90,000, which is well below the national average. Renters typically pay around $1,068 per month. Homeownership is high at 82.1%, typical of suburban and family-oriented communities.

The population of Shannon City is well-educated. 51.0% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (86.92%).

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

ZIP Codes in Shannon City
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
50861 260 $90,139 $90,000 $1,068 0.0% 51.0% 82.1%