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Crescent

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

Median Home$358,800
Median Rent$630/month
Population571
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Transportation29% public administration
Home Value Growth+9.0% over 2 years
Young Adults27% of residentsnear the national average
Homeowners95% of occupied units
NotableHighly Educated33% bachelor's · 12% graduate · top 5% nationally
NotableHigh Incomes$109k/year · top 12% nationally
Crescent
IA

Frequently Asked Questions

What are today's mortgage rates in Crescent?

As of today, the 30-year fixed mortgage rate for Crescent is approximately 6.869% (6.904% 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 Crescent?

The median home value in Crescent is $359k. The median monthly rent is $630. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Crescent?

Home values in Crescent have increased 9.0% over the past two years. This represents moderate growth. 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 Crescent?

Based on a typical all-in ownership cost of $1,179/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Crescent is $109k/year.

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What industries drive the economy in Crescent?

The largest employment sectors in Crescent are public administration (29%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.