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Dexter

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

Median Home$273,400
Median Rent$856/month
Population683
Leading IndustriesFinance & Insurance · Information & Media · Construction9% finance & insurance
Home Value Growth⬆⬆⬆+29.8% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners89% of occupied units
NotableHigh Incomes$97k/year · top 19% nationally
Dexter
IA

Frequently Asked Questions

What are today's mortgage rates in Dexter?

As of today, the 30-year fixed mortgage rate for Dexter is approximately 7.029% (7.070% 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 Dexter?

The median home value in Dexter is $273k. The median monthly rent is $856. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dexter?

Home values in Dexter have increased 29.8% 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 Dexter?

Based on a typical all-in ownership cost of $1,233/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dexter is $97k/year.

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What industries drive the economy in Dexter?

The largest employment sectors in Dexter are public administration (20%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.