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Glenwood Community

Learn about the people, housing, costs and businesses in Glenwood Community, Iowa

Median Home$347,892
Median Rent$1,463/month
Population225,135
Leading IndustriesFinance & Insurance · Information & Media · Education9% finance & insurance
Home Value Growth⬆⬆⬆+23.2% over 2 years
Family-Friendly26% of residentsabove average nationally
Renters56% of occupied units
Glenwood 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 Glenwood Community?

As of today, the 30-year fixed mortgage rate for Glenwood Community is approximately 6.889% (6.925% 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 Glenwood Community?

The median home value in Glenwood Community is $348k. The median monthly rent is $1,463. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Glenwood Community?

Home values in Glenwood Community have increased 23.2% 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 Glenwood Community?

Based on a typical all-in ownership cost of $1,572/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $67k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Glenwood Community is $71k/year.

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What industries drive the economy in Glenwood Community?

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