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Delwood Community

Learn about the people, housing, costs and businesses in Delwood Community, Iowa

Median Home$367,310
Median Rent$1,614/month
Population65,480
Leading IndustriesArts, Food & Hospitality · Professional Services · Education8% arts, food & hospitality
Home Value Growth⬆⬆+14.9% over 2 years
Young Adults25% of residents
Homeowners81% of occupied units
NotableHigh Incomes$102k/year · top 13% nationally
Delwood Community
IA

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Frequently Asked Questions

What are today's mortgage rates in Delwood Community?

As of today, the 30-year fixed mortgage rate for Delwood Community is approximately 6.897% (6.933% 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 Delwood Community?

The median home value in Delwood Community is $367k. The median monthly rent is $1,614. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Delwood Community?

Home values in Delwood Community have increased 14.9% 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 Delwood Community?

Based on a typical all-in ownership cost of $1,682/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Delwood Community is $102k/year.

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What industries drive the economy in Delwood Community?

The largest employment sectors in Delwood Community are public administration (25%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.