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Dallas Center-Grimes Community

Learn about the people, housing, costs and businesses in Dallas Center-Grimes Community, Iowa

Median Home$387,927
Median Rent$1,377/month
Population371,393
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services10% arts, food & hospitality
Home Value Growth⬆⬆+19.5% over 2 years
Young Adults39% of residentstop 2% nationally
Homeowners51% of occupied units
NotableHighly Educated24% bachelor's · 11% graduate · top 17% nationally
Dallas Center-Grimes Community
IA

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Frequently Asked Questions

What are today's mortgage rates in Dallas Center-Grimes Community?

As of today, the 30-year fixed mortgage rate for Dallas Center-Grimes Community is approximately 6.907% (6.944% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Dallas Center-Grimes Community
What is the median home price in Dallas Center-Grimes Community?

The median home value in Dallas Center-Grimes Community is $388k. The median monthly rent is $1,377. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dallas Center-Grimes Community?

Home values in Dallas Center-Grimes Community have increased 19.5% 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 Dallas Center-Grimes Community?

Based on a typical all-in ownership cost of $1,490/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $64k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dallas Center-Grimes Community is $86k/year.

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What industries drive the economy in Dallas Center-Grimes Community?

The largest employment sectors in Dallas Center-Grimes Community are public administration (26%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.