Nichols, IA Employment - Median Household Income, Unemployment Rate

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B-

16%

Income/capita NAT. AVG.

6%

Household income NAT. AVG.

66%

Unemployment NAT. AVG.

Index	Nichols	Iowa	National
Income per capita	$25,194	$28,872	$29,829
Median household income	$58,409	$54,570	$55,322
Median income owner occupied	$59,659	$66,527	$70,586
Median income renter occupied	$40,313	$30,828	$35,192
Median earnings male	$40,750	$37,409	$36,919
Median earnings female	$26,579	$25,115	$26,250
Unemployment rate	1.6%	3.1%	4.7%
Poverty level	2.7%	12.3%	15.1%

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Key findings

The income per capita in Nichols is 16% lower than the national average
The median household income in Nichols is 6% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Nichols is 66% lower than the national average
The poverty level in Nichols is 82% lower than the national average

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am i middle class

$38,935 $58,409 $116,818

City

$36,376 $54,570 $109,140

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Nichols median earnings by income bracket

Nichols employment by industry

Labour Type	Male	Female
Construction industry	18.6%	18.6%
Manufacturing sector	40.2%	40.2%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	9.8%	9.8%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	9.8%	9.8%
Education, health & social services	6.9%	6.9%
Other	11.8%	11.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
University Heights, IA	1,332	$90,331	63.3%
Cotter, IA	21	$88,750	60.4%
Fruitland, IA	1,270	$84,418	52.6%
Lone Tree, IA	1,390	$68,971	24.7%
Riverside, IA	1,021	$66,852	20.8%
Nichols, IA	376	$58,409	5.6%

Cities with similar population

City	Population	Household Income	National Avg.
Cantua Creek, CA	376	$36,694	33.7%
Culdesac, ID	376	$41,250	25.4%
Eastlake, MI	376	$46,681	15.6%
Franklin, NY	376	$65,476	18.4%
Bowersville, OH	376	$37,450	32.3%
Nichols, IA	376	$58,409	5.6%

Source: The Nichols, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).