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Barnes

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

Median Home$160,914
Median Rent$812/month
Population155
Leading IndustriesRetail · Agriculture & Mining · Construction22% retail
Home Value Growth+4.4% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners75% of occupied units
NotableTransit87/100 · excellent transit access
NotableAffordable Market$161k median home · lower cost than 69% of the country
Barnes City
IA

Frequently Asked Questions

What are today's mortgage rates in Barnes?

As of today, the 30-year fixed mortgage rate for Barnes is approximately 6.978% (7.020% 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 Barnes?

The median home value in Barnes is $161k. The median monthly rent is $812. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Barnes?

Home values in Barnes have increased 4.4% 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 Barnes?

Based on a typical all-in ownership cost of $815/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Barnes is $68k/year.

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What industries drive the economy in Barnes?

The largest employment sectors in Barnes are retail (22%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.