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Garnavillo

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

Median Home$161,500
Median Rent$838/month
Population796
Leading IndustriesProfessional Services · Construction · Agriculture & Mining4% professional services
Home Value Growth-4.0% over 2 years
Retirees26% of residentsabove average nationally
Homeowners81% of occupied units
NotableAmenity Score67/100 · highly walkable area
NotableAffordable Market$162k median home · lower cost than 69% of the country
Garnavillo
IA

Frequently Asked Questions

What are today's mortgage rates in Garnavillo?

As of today, the 30-year fixed mortgage rate for Garnavillo is approximately 6.978% (7.020% 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 Garnavillo?

The median home value in Garnavillo is $162k. The median monthly rent is $838. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Garnavillo?

Home values in Garnavillo have decreased 4.0% over the past two years. Buyers may find more negotiating room in this market. 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 Garnavillo?

Based on a typical all-in ownership cost of $805/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Garnavillo is $73k/year.

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What industries drive the economy in Garnavillo?

The largest employment sectors in Garnavillo are public administration (17%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.