HomeIowaFloyd CountyNora Springs
Nora Springs, Iowa: commercial real estate data.
Nora Springs 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Nora Springs (7(a))
- Approvals2
- Gross approval$190,000
- Average approval$95,000
- Median approval$95,000
- 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
Counted by borrower city: approvals to borrowers whose address is in Nora Springs, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Nora Springs
Flood risk in Nora Springs
- NFIP communityCity of Nora Springs
- NFIP community number190384
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/19/20
The City of Nora Springs participates in the National Flood Insurance Program as community 190384 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Floyd County, not Nora Springs
Floyd County context, not Nora Springs figures
- Establishments in Floyd County371
- Covered employment, Floyd County5,716
- Average annual pay, Floyd County$54,987
- Housing units permitted, Floyd County22
Every figure in this section is published for Floyd County as a whole and is not a measurement of Nora Springs.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $190,000 since FY2020, across 2 lenders, median approval $95,000. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Nora Springs in the National Flood Insurance Program?
Yes. Nora Springs appears in the FEMA Community Status Book as Nora Springs, city of, community 190384, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Nora Springs figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.
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