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Gruver

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

Median Home$163,100
Population64
Leading IndustriesFinance & Insurance · Information & Media · Construction14% finance & insurance
Home Value Growth⬆⬆⬆+39.4% over 2 years
Retirees24% of residentsslightly above average
Homeowners96% of occupied units
NotableTransit86/100 · excellent transit access
NotableHigh Incomes$90k/year · top 25% nationally
Gruver
IA

Frequently Asked Questions

What are today's mortgage rates in Gruver?

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

The median home value in Gruver is $163k. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gruver?

Home values in Gruver have increased 39.4% 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 Gruver?

Based on a typical all-in ownership cost of $792/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gruver is $90k/year.

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What industries drive the economy in Gruver?

The largest employment sectors in Gruver are public administration (19%) and agriculture and mining (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.