The population of Promise City is made up of 61% White people and 12.3% Black or African American people. Another 0.7% of residents identify as American Indian or Alaska Native. The remaining 17.8% are Hispanic or Latino and 2.6% are other races. During the 2010 Census, citizens of Promise City reported their ancestry. The most common ancestries among residents of Promise City are German, English, Irish, and American. Other ancestry groups in Promise City are Croatian, Polish, and French Canadian.
In Promise City, IA, the median household income is $71,578. Twenty-three percent of Promise City residents have at least a high school diploma. Ninety-two percent of residents in this community speak only English at home. The poverty rate in this city is 0.0%, which is lower than the national average. Also, 42.4% of the population is employed in a job that requires some degree.
The median property value in Promise City, IA is $46,700, which is about 0.194 times lower than the national average. Residents have an average household size of five, and seventy-two percent of them are homeowners. Seventy-three percent of Promise City residents commute by car alone, and the average commute time is 32.1 minutes. Five-nine percent of Promise City households own their homes.
The population of Promise City, IA is 110 people. Since the census, the population has decreased by 22.0%. The average commute time is 23.8 minutes, which is lower than the national average of 27.4 minutes. The median home price in Promise City is $99,500. In the past decade, home values in Promise City have appreciated 4.0%. The city is a good place to live if you're considering buying a home in the area.