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Eldora-New Providence Community

Learn about the people, housing, costs and businesses in Eldora-New Providence Community, Iowa

Median Home$127,814
Median Rent$742/month
Population3,700
Leading IndustriesConstruction · Agriculture & Mining7% construction
Home Value Growth⬆⬆+18.0% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners76% of occupied units
NotableAffordable Market$128k median home · lower cost than 90% of the country
Eldora-New Providence Community
IA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Eldora-New Providence Community?

As of today, the 30-year fixed mortgage rate for Eldora-New Providence Community is approximately 7.431% (7.486% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Eldora-New Providence Community
What is the median home price in Eldora-New Providence Community?

The median home value in Eldora-New Providence Community is $128k. The median monthly rent is $742. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Eldora-New Providence Community?

Home values in Eldora-New Providence Community have increased 18.0% 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 Eldora-New Providence Community?

Based on a typical all-in ownership cost of $804/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 Eldora-New Providence Community is $76k/year.

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What industries drive the economy in Eldora-New Providence Community?

The largest employment sectors in Eldora-New Providence Community are public administration (21%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.