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Garwin

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

Median Home$165,300
Median Rent$803/month
Population529
Leading IndustriesTransportation · Construction · Agriculture & Mining8% transportation
Home Value Growth-6.0% over 2 years
Retirees23% of residentsslightly above average
Homeowners83% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$165k median home · lower cost than 67% of the country
Garwin
IA

Frequently Asked Questions

What are today's mortgage rates in Garwin?

As of today, the 30-year fixed mortgage rate for Garwin 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 Garwin?

The median home value in Garwin is $165k. The median monthly rent is $803. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Garwin?

Home values in Garwin have decreased 6.0% 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 Garwin?

Based on a typical all-in ownership cost of $892/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Garwin is $74k/year.

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What industries drive the economy in Garwin?

The largest employment sectors in Garwin are public administration (21%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.