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Gowrie

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

Median Home$159,200
Median Rent$634/month
Population1,006
Leading IndustriesAgriculture & Mining · Construction · Manufacturing12% agriculture & mining
Home Value Growth⬆⬆⬆+44.8% over 2 years
Retirees24% of residentsslightly above average
Homeowners86% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAffordable Market$159k median home · lower cost than 70% of the country
Gowrie
IA

Frequently Asked Questions

What are today's mortgage rates in Gowrie?

As of today, the 30-year fixed mortgage rate for Gowrie is approximately 7.347% (7.399% 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 Gowrie?

The median home value in Gowrie is $159k. The median monthly rent is $634. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gowrie?

Home values in Gowrie have increased 44.8% 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 Gowrie?

Based on a typical all-in ownership cost of $763/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gowrie is $82k/year.

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What industries drive the economy in Gowrie?

The largest employment sectors in Gowrie are public administration (22%) and agriculture and mining (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.