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The total population of Stanhope is estimated to be 516 with 251 males (48.64%) and 265 females (51.36%). There are 14 more females than males in Stanhope.
The median household income in Stanhope was $61,293 in 2021, which marked an an increase of 812(1.34%) from $60,481 in 2020. This income is 82.16% 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, Stanhope sees its highest median household income among householders in the age group of under 25 years old, at $75,664. Overall, the median household income for the city of Stanhope stands at $61,293.
In Stanhope, the median income for all workers aged 15 years and older, regardless of work hours, was $48,791 for males and $25,865 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,099 for males and $42,336 for females.
In Stanhope, population is primarily represented by White households, reporting a median income of $60,925.
In 2022, the population of Stanhope was 355, a 0.56% decrease year-by-year from 2021. Previously, in 2021, Stanhope's population was 357, a decline of 1.38% compared to a population of 362 in 2020.
The median age in Stanhope, IA is 35.9, as per 2021 ACS 5-Year Estimates. Of the total population, 17.12% were under the age of 15, 25.58% aged 15 to 29, 44.23% aged 30 to 64, 11.73% aged 65 to 84, and 1.35% were 85 years of age and older.
Racial distribution of Stanhope population: 95.77% are White, 0.38% are American Indian and Alaska Native, 0.58% are Asian, 0.96% are some other race and 2.31% are multiracial.