In 2023, Nichols, IA had a population of 393 people with a median age of 33.7 and a median household income of $87,500. Between 2022 and 2023 the population of Nichols, IA grew from 344 to 393, a 14.2% increase and its median household income grew from $73,750 to $87,500, a 18.6% increase.
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None of the households in Nichols, IA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.