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Doon

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

Median Home$249,100
Median Rent$867/month
Population612
Leading IndustriesManufacturing · Agriculture & Mining9% manufacturing
Home Value Growth⬆⬆⬆+26.7% over 2 years
Young Adults29% of residentsslightly above average
Homeowners83% of occupied units
Doon
IA

Frequently Asked Questions

What are today's mortgage rates in Doon?

As of today, the 30-year fixed mortgage rate for Doon is approximately 7.117% (7.163% 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 Doon?

The median home value in Doon is $249k. The median monthly rent is $867. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Doon?

Home values in Doon have increased 26.7% 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 Doon?

Based on a typical all-in ownership cost of $1,067/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 Doon is $85k/year.

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What industries drive the economy in Doon?

The largest employment sectors in Doon are public administration (21%) and agriculture and mining (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.