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Blencoe

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

Median Home$172,800
Median Rent$871/month
Population230
Leading IndustriesPublic Administration · Transportation · Manufacturing40% public administration
Home Value Growth⬆⬆+14.4% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners75% of occupied units
NotableHighly Educated25% bachelor's · 14% graduate · top 18% nationally
NotableTransit79/100 · excellent transit access
Blencoe
IA

Frequently Asked Questions

What are today's mortgage rates in Blencoe?

As of today, the 30-year fixed mortgage rate for Blencoe is approximately 6.999% (7.042% 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 Blencoe?

The median home value in Blencoe is $173k. The median monthly rent is $871. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Blencoe?

Home values in Blencoe have increased 14.4% 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 Blencoe?

Based on a typical all-in ownership cost of $829/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 Blencoe is $84k/year.

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What industries drive the economy in Blencoe?

The largest employment sectors in Blencoe are public administration (40%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.