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Denison

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

Median Home$155,964
Median Rent$716/month
Population8,159
Leading IndustriesRetail · Transportation33% retail
Home Value Growth⬆⬆+14.2% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners72% of occupied units
NotableAmenity Score77/100 · highly walkable area
NotableAffordable Market$156k median home · lower cost than 72% of the country
Denison
IA

Frequently Asked Questions

What are today's mortgage rates in Denison?

As of today, the 30-year fixed mortgage rate for Denison is approximately 7.069% (7.114% 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 Denison?

The median home value in Denison is $156k. The median monthly rent is $716. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Denison?

Home values in Denison have increased 14.2% 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 Denison?

Based on a typical all-in ownership cost of $784/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Denison is $66k/year.

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What industries drive the economy in Denison?

The largest employment sectors in Denison are retail (33%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.