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Akron-Westfield Community

Learn about the people, housing, costs and businesses in Akron-Westfield Community, Iowa

Median Home$201,433
Median Rent$762/month
Population3,080
Leading IndustriesProfessional Services · Information & Media · Construction3% professional services
Home Value Growth⬆⬆+17.1% over 2 years
Retirees24% of residentsabove average nationally
Homeowners78% of occupied units
Akron-Westfield Community
IA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Akron-Westfield Community?

As of today, the 30-year fixed mortgage rate for Akron-Westfield Community is approximately 6.997% (7.040% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Akron-Westfield Community
What is the median home price in Akron-Westfield Community?

The median home value in Akron-Westfield Community is $201k. The median monthly rent is $762. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Akron-Westfield Community?

Home values in Akron-Westfield Community have increased 17.1% 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 Akron-Westfield Community?

Based on a typical all-in ownership cost of $833/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Akron-Westfield Community is $83k/year.

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What industries drive the economy in Akron-Westfield Community?

The largest employment sectors in Akron-Westfield Community are public administration (23%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.