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Iowa

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

Median Home$313,929
Median Rent$1,136/month
Population179,200
Leading IndustriesPublic Administration · Construction38% public administration
Home Value Growth⬆⬆+13.1% over 2 years
Young Adults40% of residentstop 3% nationally
Homeowners61% of occupied units
NotableHighly Educated29% bachelor's · 14% graduate · top 4% nationally
Iowa City

Explore Iowa City

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

Frequently Asked Questions

What are today's mortgage rates in Iowa?›

Mortgage rates for Iowa are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Iowa?›

The median home value in Iowa is $314k. The median monthly rent is $1,136. Annual property taxes average $5k. 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 13.1% 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 Iowa?›

Based on a typical all-in ownership cost of $1,300/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Iowa is $82k/year.

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What industries drive the economy in Iowa?›

The largest employment sectors in Iowa are public administration (38%) and retail (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.