The population of Shannon City is comprised of young adults who are seeking to start a family. It is also relatively diverse with 2.6 people per family. Shannon City has a low poverty rate compared to other cities in the United States, which is a good thing, considering its relatively small size. The state of Shannon City has a low poverty rate, compared to the national average of ten to thirteen percent.
This county seat is located in the central Missouri Ozarks. Shannon City is home to a post office. The community was incorporated on November 5, 1887. The town was named after Dr. Francis W. Loomis, who had first settled in the area in 1880. On December 25, 1880, he married Minervia S. Johnson and later settled near the cemetery in Shannon City. The Loomis' lived in Shannon City until 1950.
While the average household income in Shannon City, IA is only $50,833, it is still well above the median household income of $65,712 in the United States. This is a slight increase from last year's figure of $46,667. It is notable that fewer people in Shannon City, Iowa live below the poverty line, with only 0.4% reporting being Hispanic. The median household income in Shannon City is lower than in neighboring states and parent geographies, but higher than the national average.
The population of Shannon City, IA is composed of 77 White (non-Hispanic) and three Black or African American residents. While the state has a very large Hispanic population (3.75%), the percentage of immigrants in Shannon City, IA is significantly lower than the national average of 93%. The state also has a large number of non-Hispanic immigrants from countries in the Gulf War.