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Le Mars Community

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

Median Home$219,989
Median Rent$1,145/month
Population86,905
Leading IndustriesWholesale Trade · Manufacturing · Finance & Insurance10% wholesale trade
Home Value Growth+10.7% over 2 years
Young Adults26% of residents
Homeowners70% of occupied units
Le Mars Community
IA

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

Frequently Asked Questions

What are today's mortgage rates in Le Mars Community?

As of today, the 30-year fixed mortgage rate for Le Mars Community 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 Le Mars Community?

The median home value in Le Mars Community is $220k. The median monthly rent is $1,145. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Le Mars Community?

Home values in Le Mars Community have increased 10.7% 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 Mars Community?

Based on a typical all-in ownership cost of $1,075/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Le Mars Community is $77k/year.

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What industries drive the economy in Le Mars Community?

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