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Bolan

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

Median Home$136,200
Median Rent$702/month
Population32
Leading IndustryPublic Administration28% of local workforce
Home Value Growth-4.3% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners79% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
NotableHighly Educated26% bachelor's · 14% graduate · top 16% nationally
Bolan
IA

Frequently Asked Questions

What are today's mortgage rates in Bolan?

As of today, the 30-year fixed mortgage rate for Bolan is approximately 6.922% (6.959% 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 Bolan?

The median home value in Bolan is $136k. The median monthly rent is $702. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bolan?

Home values in Bolan have decreased 4.3% over the past two years. Buyers may find more negotiating room in this market. 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 Bolan?

Based on a typical all-in ownership cost of $739/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bolan is $81k/year.

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What industries drive the economy in Bolan?

The largest employment sectors in Bolan are public administration (28%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.