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Burchinal

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

Median Home$334,200
Population36
Leading IndustriesFinance & Insurance · Information & Media · Education9% finance & insurance
Home Value Growth⬆⬆+18.0% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners81% of occupied units
NotableHigh Incomes$105k/year · top 14% nationally
Burchinal
IA

Frequently Asked Questions

What are today's mortgage rates in Burchinal?

As of today, the 30-year fixed mortgage rate for Burchinal is approximately 6.946% (6.984% 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 Burchinal?

The median home value in Burchinal is $334k. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Burchinal?

Home values in Burchinal have increased 18.0% 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 Burchinal?

Based on a typical all-in ownership cost of $940/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 Burchinal is $105k/year.

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What industries drive the economy in Burchinal?

The largest employment sectors in Burchinal are public administration (16%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.