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Colwell

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

Median Home$183,600
Median Rent$590/month
Population49
Leading IndustriesManufacturing · Wholesale Trade · Healthcare4% manufacturing
Home Value Growth⬆⬆⬆+24.7% over 2 years
Young Adults28% of residentsnear the national average
Homeowners81% of occupied units
NotableTransit79/100 · excellent transit access
Colwell
IA

Frequently Asked Questions

What are today's mortgage rates in Colwell?

As of today, the 30-year fixed mortgage rate for Colwell is approximately 7.019% (7.059% 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 Colwell?

The median home value in Colwell is $184k. The median monthly rent is $590. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Colwell?

Home values in Colwell have increased 24.7% 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 Colwell?

Based on a typical all-in ownership cost of $648/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Colwell is $74k/year.

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What industries drive the economy in Colwell?

The largest employment sectors in Colwell are public administration (24%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.