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Ackley

Learn about the people, housing, costs and businesses in Ackley, Iowa

Median Home$118,560
Median Rent$779/month
Population1,657
Leading IndustriesConstruction · Agriculture & Mining · Public Administration8% construction
Home Value Growth⬆⬆+12.5% over 2 years
Retirees22% of residentsnear the national average
Homeowners77% of occupied units
NotableAffordable Market$119k median home · lower cost than 85% of the country
Ackley
IA

Frequently Asked Questions

What are today's mortgage rates in Ackley?

As of today, the 30-year fixed mortgage rate for Ackley is approximately 7.123% (7.170% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ackley?

The median home value in Ackley is $119k. The median monthly rent is $779. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ackley?

Home values in Ackley have increased 12.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Ackley?

Based on a typical all-in ownership cost of $786/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ackley is $64k/year.

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What industries drive the economy in Ackley?

The largest employment sectors in Ackley are public administration (27%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.