HomeIowaFloyd CountyNora Springs city
Nora Springs city, Iowa: commercial real estate data.
Nora Springs city is a Census city of 1,363 people across 2.22 square miles of land, in Floyd County. Median household income is $78,594, 83.1 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $190,000.
66 sourced place values · tier FULL · 7 sections
Nora Springs
What Nora Springs is
- Census place typecity
- Land area2.22 sq mi
- Water area0.03 sq mi
- Population per square mile of land615
- County holding the largest share of its areaFloyd County, 98.8 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nora Springs
How many people live in Nora Springs
- Population1,363
- Median age44.3
- Population under 18291 plus or minus 81
- Share under 1821.3 percent plus or minus 4.8
- Population 65 and over359 plus or minus 82
- Share 65 and over26.3 percent
- Households549
- Family households355 plus or minus 71
- Share of households that are families64.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nora Springs
Income and work in Nora Springs
- Median household income$78,594 plus or minus $18,119
- Per capita income$35,608
- Civilian labor force714 plus or minus 170
- Employed710 plus or minus 169
- Unemployed4 plus or minus 6
- Unemployment rate0.6 percent plus or minus 0.8
- Adults 25 and over945
- Adults 25 and over with a high school diploma or higher96.5 percent plus or minus 21.7
- Adults 25 and over with a bachelor degree or higher19.8 percent plus or minus 6.1
- Adults 25 and over with a graduate degree5.5 percent plus or minus 5.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nora Springs
Housing in Nora Springs
- Housing units644
- Occupied units549
- Vacant units95 plus or minus 44
- Vacancy rate14.8 percent plus or minus 6.6
- Owner occupied456
- Renter occupied93 plus or minus 39
- Ownership rate83.1 percent
- Median owner-occupied home value$134,500
- Median gross rent, monthly$669 plus or minus $247
- Annual rent as a share of median income10.2 percent plus or minus 4.4
- Single family units507
- Share single family78.7 percent
- Units in buildings of two or more86 plus or minus 48
- Share in buildings of two or more13.4 percent plus or minus 7.2
- Mobile homes51 plus or minus 26
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nora Springs
How Nora Springs gets to work
- Workers 16 and over who commute603 plus or minus 153
- Commuting under 15 minutes181 plus or minus 84
- Share commuting under 15 minutes30.0 percent plus or minus 11.7
- Commuting 30 minutes or more151 plus or minus 53
- Share commuting 30 minutes or more25.0 percent plus or minus 6.1
- Drove alone84.7 percent
- Carpooled3.8 percent plus or minus 2.3
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home11.2 percent plus or minus 4.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nora Springs
SBA 7(a) lending to Nora Springs borrowers
- Approvals2
- Gross approval$190,000
- Average approval$95,000
- Median approval$175,000
- Ninetieth percentile approval$175,000
- Largest approval$175,000
- Jobs supported5
- Jobs per approval2.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Floyd County, not Nora Springs
Floyd County context, not Nora Springs figures
These are Floyd County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Nora Springs measurements.
- Establishments in Floyd County371
- Employment at those establishments, Floyd County5,199
- Covered employment, Floyd County5,716
- Average annual pay, Floyd County$54,987
- Average weekly wage, Floyd County$1,057
- Housing units permitted, Floyd County22
- Of those, single family, Floyd County22
- County product, 2024, Floyd County$1,165,407,000
- County product change over the prior year, Floyd County5.1 percent
- Average income of an arriving household, Floyd County$47,280
Every figure in this section is published for Floyd County as a whole and is not a measurement of Nora Springs. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Nora Springs questions, answered from the record.
How many people live in Nora Springs, Iowa?
1,363, in 549 households. Nora Springs city covers 2.22 square miles of land, which is 615 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Nora Springs in?
Floyd County, which holds 98.8 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Nora Springs?
$78,594. The median owner-occupied home is valued at $134,500. Median gross rent is $669 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Nora Springs businesses?
2 7(a) approvals totalling $190,000, across 2 lenders, median approval $175,000. These count approvals to borrowers whose address is in Nora Springs, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Nora Springs borrowers get paid back?
No rate is published for Nora Springs. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Nora Springs figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Floyd County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Nora Springs.
Is zoning published for Nora Springs?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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