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Kimballton

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

Median Home$171,900
Median Rent$822/month
Population293
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade17% construction
Home Value Growth-6.9% over 2 years
Family-Friendly29% of residentswell above average
Homeowners81% of occupied units
Kimballton
IA

Frequently Asked Questions

What are today's mortgage rates in Kimballton?

As of today, the 30-year fixed mortgage rate for Kimballton is approximately 7.007% (7.047% 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 Kimballton?

The median home value in Kimballton is $172k. The median monthly rent is $822. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kimballton?

Home values in Kimballton have decreased 6.9% over the past two years. Buyers may find more negotiating room in this market. 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 Kimballton?

Based on a typical all-in ownership cost of $847/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kimballton is $84k/year.

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What industries drive the economy in Kimballton?

The largest employment sectors in Kimballton are public administration (22%) and agriculture and mining (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.