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Diagonal

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

Median Home$171,700
Median Rent$788/month
Population315
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade20% construction
Home Value Growth⬆⬆⬆+35.4% over 2 years
Retirees27% of residentsabove average nationally
Homeowners83% of occupied units
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Diagonal
IA

Frequently Asked Questions

What are today's mortgage rates in Diagonal?

As of today, the 30-year fixed mortgage rate for Diagonal is approximately 6.873% (6.908% 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 Diagonal?

The median home value in Diagonal is $172k. The median monthly rent is $788. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Diagonal?

Home values in Diagonal have increased 35.4% 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 Diagonal?

Based on a typical all-in ownership cost of $990/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Diagonal is $77k/year.

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What industries drive the economy in Diagonal?

The largest employment sectors in Diagonal are public administration (23%) and agriculture and mining (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.