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Le Grand

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

Median Home$147,400
Median Rent$786/month
Population866
Leading IndustriesEducation · Transportation · Arts, Food & Hospitality3% education
Home Value Growth⬆⬆+18.9% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners92% of occupied units
NotableHighly Educated29% hold a bachelor's degree · top 10% nationally
NotableAffordable Market$147k median home · lower cost than 75% of the country
Le Grand
IA

Frequently Asked Questions

What are today's mortgage rates in Le Grand?

As of today, the 30-year fixed mortgage rate for Le Grand is approximately 6.860% (6.895% 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 Le Grand?

The median home value in Le Grand is $147k. The median monthly rent is $786. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Le Grand?

Home values in Le Grand have increased 18.9% 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 Le Grand?

Based on a typical all-in ownership cost of $969/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Le Grand is $87k/year.

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What industries drive the economy in Le Grand?

The largest employment sectors in Le Grand are public administration (19%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.