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Hospers

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

Median Home$218,800
Median Rent$769/month
Population782
Leading IndustriesConstruction · Agriculture & Mining · Retail15% construction
Home Value Growth⬆⬆⬆+26.1% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners90% of occupied units
Hospers
IA

Frequently Asked Questions

What are today's mortgage rates in Hospers?

As of today, the 30-year fixed mortgage rate for Hospers is approximately 6.986% (7.028% 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 Hospers?

The median home value in Hospers is $219k. The median monthly rent is $769. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hospers?

Home values in Hospers have increased 26.1% 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 Hospers?

Based on a typical all-in ownership cost of $766/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 Hospers is $84k/year.

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What industries drive the economy in Hospers?

The largest employment sectors in Hospers are retail (18%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.