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Grundy Center

Learn about the people, housing, costs and businesses in Grundy Center, Iowa

Median Home$180,900
Population2,834
Leading IndustriesWholesale Trade · Public Administration · Construction13% wholesale trade
Home Value Growth⬆⬆+15.7% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners81% of occupied units
Grundy Center
IA

Frequently Asked Questions

What are today's mortgage rates in Grundy Center?

As of today, the 30-year fixed mortgage rate for Grundy Center is approximately 6.998% (7.041% 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 Grundy Center?

The median home value in Grundy Center is $181k. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grundy Center?

Home values in Grundy Center have increased 15.7% 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 Grundy Center?

Based on a typical all-in ownership cost of $887/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 Grundy Center is $81k/year.

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What industries drive the economy in Grundy Center?

The largest employment sectors in Grundy Center are public administration (29%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.