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Fraser

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

Median Home$325,863
Median Rent$878/month
Population100
Leading IndustriesFinance & Insurance · Information & Media · Retail9% finance & insurance
Home Value Growth⬆⬆+11.5% over 2 years
Retirees21% of residentsnear the national average
Homeowners81% of occupied units
NotableHigh Incomes$111k/year · top 12% nationally
Fraser
IA

Frequently Asked Questions

What are today's mortgage rates in Fraser?

As of today, the 30-year fixed mortgage rate for Fraser is approximately 7.174% (7.221% 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 Fraser?

The median home value in Fraser is $326k. The median monthly rent is $878. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fraser?

Home values in Fraser have increased 11.5% 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 Fraser?

Based on a typical all-in ownership cost of $1,180/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fraser is $111k/year.

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What industries drive the economy in Fraser?

The largest employment sectors in Fraser are public administration (24%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.