City

Sheffield, IA

1 ZIP code  ·  Franklin County  ·  Iowa

👥1,598Population
💰$78,333Median HH Income≈ Avg
🎂38.4Median Age
🏠$155,600Median Home Value▼ 44% below avg
🎓46.7%College Grads▲ 20% above avg
📊4.7%Unemployment≈ Avg
People & Population (ACS 2023 — weighted avg)
♂ Male 43.6% Female 56.5% ♀

Race & Ethnicity

White: 94.8%Hispanic: 1.3%Asian: 0.3%Other: 1.8%Race
White94.8%
Hispanic1.3%
Asian0.3%
Other1.8%

Age Breakdown

Under 5
6%
5–17
19%
18–24
8%
25–44
24%
45–64
25%
65+
7%

Key Indicators

Median Age38.4 yrs
Avg HH Size2.70
Below Poverty13.3% ▲ 33% above avg
College Grads46.7% ▲ 20% above avg
Unemployment4.7% ≈ Avg
HS Graduate302 (29.3%)
Some College90 (8.7%)
Associates157 (15.3%)
Bachelors305 (29.6%)
Graduate Degree175 (17%)

Education

HS Grad: 29.3%Some College: 8.7%Associates: 15.3%Bachelors: 29.6%Graduate: 17%Edu
HS Grad29.3%
Some College8.7%
Associates15.3%
Bachelors29.6%
Graduate17.0%
Housing & Income

Housing Tenure

Owner: 81.8%Renter: 18.2%Tenure
Owner81.8%
Renter18.2%

Home Value Distribution

Under $50k
2%
$50k–$100k
21%
$100k–$150k
23%
$150k–$200k
22%
$200k–$300k
19%
$300k–$500k
8%
Over $500k
4%

Financials

Median HH Income$78,333 ≈ Avg
Median Home Value$155,600 ▼ 44% below avg
Home/Income Ratio2.0x (nat avg ~3.5x)
Median Rent$648/mo
Total Housing Units624
Vacant Units46

Income Distribution

Under $25k
18%
$25k–$50k
15%
$50k–$75k
14%
$75k–$100k
13%
$100k–$150k
23%
$150k–$200k
15%
Over $200k
2%
Employment & Commute

How People Get to Work

Drove Alone
81%
Walked
7%
Work From Home
13%

Commute Time

Under 15 min
34%
15–30 min
36%
30–45 min
22%
Over 45 min
9%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
15%
1960s–1970s
11%
1980s–1990s
9%
2000+
64%
About Sheffield, IA

Sheffield is a city in Iowa, located in Franklin County. The city spans 1 ZIP code and is home to approximately 1,598 residents. It is a middle-aged city, with a median age of 38.4 years.

Economically, Sheffield is a middle-income community. The median household income of $78,333 is near the national average. Approximately 13.3% of residents live below the poverty line. The unemployment rate is 4.7%, near the national average.

The real estate market in Sheffield is an affordable housing market. Median home values stand at $155,600, which is below the national average. Renters typically pay around $648 per month. Homeownership is high at 81.8%, typical of suburban and family-oriented communities.

The population of Sheffield is well-educated. 46.7% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (94.81%).

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

ZIP Codes in Sheffield
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
50475 1,598 $78,333 $155,600 $648 4.7% 46.7% 81.8%