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Brandon

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

Median Home$186,200
Median Rent$993/month
Population345
Leading IndustriesWholesale Trade · Retail · Construction12% wholesale trade
Home Value Growth⬆⬆+18.5% over 2 years
Family-Friendly22% of residents
Homeowners90% of occupied units
NotableTransit80/100 · excellent transit access
NotableHigh Incomes$85k/year · top 30% nationally
Brandon
IA

Frequently Asked Questions

What are today's mortgage rates in Brandon?

As of today, the 30-year fixed mortgage rate for Brandon is approximately 7.000% (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.

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What is the median home price in Brandon?

The median home value in Brandon is $186k. The median monthly rent is $993. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brandon?

Home values in Brandon have increased 18.5% 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 Brandon?

Based on a typical all-in ownership cost of $929/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brandon is $85k/year.

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What industries drive the economy in Brandon?

The largest employment sectors in Brandon are public administration (21%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.