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The total population of Nichols is estimated to be 344 with 158 males (45.93%) and 186 females (54.07%). There are 28 more females than males in Nichols.
The median household income in Nichols was $70,710 in 2021, which marked an an increase of 4,524(6.84%) from $66,186 in 2020. This income is 94.78% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Nichols sees its highest median household income among householders in the age group of 65 years and over old, at $80,393. Overall, the median household income for the city of Nichols stands at $70,710.
In Nichols, the median income for all workers aged 15 years and older, regardless of work hours, was $49,092 for males and $28,161 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $50,161 for males and $43,236 for females.
In Nichols, population is primarily represented by White households, reporting a median income of $66,881.
In 2022, the population of Nichols was 330, a 2.08% decrease year-by-year from 2021. Previously, in 2021, Nichols's population was 337, a decline of 0.59% compared to a population of 339 in 2020.
The median age in Nichols, IA is 41.2, as per 2021 ACS 5-Year Estimates. Of the total population, 18.23% were under the age of 15, 15.44% aged 15 to 29, 48.61% aged 30 to 64, 15.95% aged 65 to 84, and 1.77% were 85 years of age and older.
Racial distribution of Nichols population: 85.57% are White, 3.29% are Black or African American, 9.62% are some other race and 1.52% are multiracial.