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Kelley

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

Median Home$259,600
Median Rent$958/month
Population310
Leading IndustriesProfessional Services · Transportation · Education3% professional services
Home Value Growth+7.3% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners81% of occupied units
NotableHighly Educated34% hold a bachelor's degree · top 4% nationally
NotableHigh Incomes$98k/year · top 18% nationally
Kelley
IA

Frequently Asked Questions

What are today's mortgage rates in Kelley?

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

The median home value in Kelley is $260k. The median monthly rent is $958. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kelley?

Home values in Kelley have increased 7.3% over the past two years. This represents moderate growth. 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 Kelley?

Based on a typical all-in ownership cost of $1,226/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kelley is $98k/year.

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What industries drive the economy in Kelley?

The largest employment sectors in Kelley are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.