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Grand Mound

Learn about the people, housing, costs and businesses in Grand Mound, Iowa

Median Home$191,600
Median Rent$878/month
Population624
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services20% healthcare
Home Value Growth⬆⬆+12.1% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners82% of occupied units
NotableHighly Educated26% bachelor's · 17% graduate · top 16% nationally
Grand Mound
IA

Frequently Asked Questions

What are today's mortgage rates in Grand Mound?

As of today, the 30-year fixed mortgage rate for Grand Mound is approximately 6.881% (6.917% 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 Grand Mound?

The median home value in Grand Mound is $192k. The median monthly rent is $878. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grand Mound?

Home values in Grand Mound have increased 12.1% 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 Grand Mound?

Based on a typical all-in ownership cost of $1,034/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grand Mound is $84k/year.

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What industries drive the economy in Grand Mound?

The largest employment sectors in Grand Mound are public administration (23%) and healthcare (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.