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Delhi

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

Median Home$228,900
Median Rent$549/month
Population393
Leading IndustriesConstruction · Agriculture & Mining · Education9% construction
Home Value Growth⬆⬆⬆+29.3% over 2 years
Retirees25% of residentsabove average nationally
Homeowners87% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableHigh Incomes$86k/year · top 29% nationally
Delhi
IA

Frequently Asked Questions

What are today's mortgage rates in Delhi?

As of today, the 30-year fixed mortgage rate for Delhi 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 Delhi?

The median home value in Delhi is $229k. The median monthly rent is $549. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Delhi?

Home values in Delhi have increased 29.3% 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 Delhi?

Based on a typical all-in ownership cost of $1,074/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Delhi is $86k/year.

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What industries drive the economy in Delhi?

The largest employment sectors in Delhi are public administration (18%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.