New Virginia is a small town of 519 in Iowa, with a median household income of $74,500
and a 2.1% unemployment rate.
Its cost of living index is 93 (US average = 100), which is
7% below the national average.
Strengths:
New Virginia stands out for an affordable cost of living, below-average home prices.
Trade-offs:
Potential downsides include longer commutes. Whether New Virginia is right for you depends on your priorities — the full breakdown is below.
All New Virginia city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 92.7
New Virginia's overall cost of living index is 92.7,
where 100 represents the US national average.
Living in New Virginia costs roughly 7% less than the average American city.
Metric
New Virginia, IA
National Avg
Median Home Value
$127,100
$244,900
Median Monthly Rent
$875
$1,163
Homeownership Rate
71.7%
65.9%
Median Household Income
$74,500
$74,755
Crime & Safety
Very Safe
New Virginia's violent crime rate is 118.5 per 100,000 residents
— 69% lower than the national average of ~380 per 100,000.
Violent Crime
118.5 /100k
Property Crime
514.9 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
New Virginia, IA
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
22.9%
35.4%
High School Diploma or Higher
97.5%
91.1%
Weather & Climate
New Virginia sees average highs of 32.2°F in January
and 86.5°F in July,
with 38.7 inches of annual precipitation
and 28.1 inches of snow per year.
New Virginia's cost of living index is 93, where 100 is the national average.
That makes New Virginia roughly 7% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $127,100 and median rent is $875/month.
New Virginia's violent crime rate is 118.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 514.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
New Virginia, IA has a population of 519, a median household income of $74,500, and an unemployment rate of 2.1%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Virginia averages 32.2°F in January and 86.5°F in July. Annual rainfall is 38.7 inches
with about 28.1 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
New Virginia, IA is covered by 1 ZIP code: 50210.
The population of New Virginia, Iowa is 519 with a median age of 32.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Virginia: cost of living index 93 (100 = US average), median home $127,100, median household income $74,500, crime index 29 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare New Virginia side by side with your current city to see the trade-offs.
