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Craig

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

Median Home$178,600
Median Rent$733/month
Population77
Leading IndustriesInformation & Media · Finance & Insurance · Construction10% information & media
Home Value Growth⬆⬆+16.9% over 2 years
Retirees23% of residentsslightly above average
Homeowners76% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Craig
IA

Frequently Asked Questions

What are today's mortgage rates in Craig?

As of today, the 30-year fixed mortgage rate for Craig is approximately 6.857% (6.892% 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 Craig?

The median home value in Craig is $179k. The median monthly rent is $733. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Craig?

Home values in Craig have increased 16.9% 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 Craig?

Based on a typical all-in ownership cost of $797/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Craig is $76k/year.

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What industries drive the economy in Craig?

The largest employment sectors in Craig are public administration (19%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.