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Adel

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

Median Home$345,753
Median Rent$935/month
Population6,672
Leading IndustriesHealthcare · Public Administration · Manufacturing13% healthcare
Home Value Growth+8.0% over 2 years
Family-Friendly28% of residentswell above average
Homeowners69% of occupied units
NotableHighly Educated26% hold a bachelor's degree · top 16% nationally
NotableHigh Incomes$97k/year · top 19% nationally
Adel
IA

Frequently Asked Questions

What are today's mortgage rates in Adel?

As of today, the 30-year fixed mortgage rate for Adel is approximately 6.955% (6.993% 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 Adel?

The median home value in Adel is $346k. The median monthly rent is $935. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Adel?

Home values in Adel have increased 8.0% over the past two years. This represents moderate growth. 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 Adel?

Based on a typical all-in ownership cost of $1,361/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Adel is $97k/year.

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What industries drive the economy in Adel?

The largest employment sectors in Adel are public administration (27%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.