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Iowa

Learn about the people, housing, costs and businesses across Iowa

Median Home$219,764
Median Rent$986/month
Population3,210,507
Leading IndustriesRetail · Construction · Agriculture & Mining15% retail
Home Value Growth⬆⬆+14.5% over 2 years
Family-Friendly23% of residentsslightly above average
Homeowners72% of occupied units
NotableAffordable Market$220k median home · lower cost than 87% of the country
Iowa

Explore Iowa

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Iowa?›

As of today, the 30-year fixed mortgage rate for Iowa is approximately 6.985% (7.035% 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 Iowa?›

The median home value in Iowa is $220k. The median monthly rent is $986. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Iowa?›

Home values in Iowa have increased 14.5% 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 Iowa?›

Based on a typical all-in ownership cost of $1,105/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Iowa is $80k/year.

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What industries drive the economy in Iowa?›

The largest employment sectors in Iowa are public administration (24%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.