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Cushing

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

Median Home$104,900
Median Rent$896/month
Population220
Leading IndustriesConstruction · Wholesale Trade · Agriculture & Mining13% construction
Home Value Growth⬆⬆⬆+33.0% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners85% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Cushing
IA

Frequently Asked Questions

What are today's mortgage rates in Cushing?

As of today, the 30-year fixed mortgage rate for Cushing is approximately 6.978% (7.020% 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 Cushing?

The median home value in Cushing is $105k. The median monthly rent is $896. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cushing?

Home values in Cushing have increased 33.0% 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 Cushing?

Based on a typical all-in ownership cost of $779/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cushing is $66k/year.

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What industries drive the economy in Cushing?

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