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Neola, UT Profile: Facts & Data

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Neola, Utah - Basic Facts

The Neola Census Designated Place had a population of 477 as of July 1, 2020.

The primary coordinate point for Neola is located at latitude 40.4333 and longitude -110.0299 in Duchesne County. The formal boundaries for the Neola Census Designated Place encompass a land area of 3.77 sq. miles and a water area of 0 sq. miles. Duchesne County is in the Mountain time zone (GMT -7). The elevation is 6,020 feet.

The Neola Census Designated Place (GNIS ID: 2408913) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Utah is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Neola Census Designated Place is located within Roosevelt Division of Duchesne County.


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Neola, UT Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 477 (100%)
Population in Households 467 (97.9%)
Population in Families 417 (87.4%)
Population in Group Quarters1 10 ( 2.1%)
Population Density 127
Diversity Index2 28
 
 

INCOME

Median Household Income $77,711
Average Household Income $81,705
% of Income for Mortgage4 12%
Per Capita Income $26,623
Wealth Index5 70
 

HOUSING

Total HU (Housing Units) 173 (100%)
Owner Occupied HU 128 (74.0%)
Renter Occupied HU 22 (12.7%)
Vacant Housing Units 23 (13.3%)
Median Home Value $225,000
Average Home Value $248,047
Housing Affordability Index3 224
 

HOUSEHOLDS

Total Households 150
Average Household Size 3.11
Family Households 118
Average Family Size 4
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population 0.33% 0.66%
Households 0.4% 0.66%
Families -0.32% 0.67%
Median Household Income   -0.51%
Per Capita Income   -0.01%
Owner Occupied HU   0.62%

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Neola, UT - Peer Comparisons by Rank and Percentile

The table below compares Neola to the other 327 incorporated cities, towns and CDPs in Utah by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 232 29th
Population Density # 243 26th
Median Household Income # 86 74th
Housing Affordability Index # 299 91st
Per Capita Income # 142 57th
Diversity Index # 153 54th

Additional comparisons and rankings can be made with a VERY EASY TO USE Utah Census Data Comparison Tool.

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