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Lime Springs

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

Median Home$166,100
Median Rent$714/month
Population442
Leading IndustriesConstruction · Agriculture & Mining · Retail17% construction
Home Value Growth⬆⬆⬆+47.2% over 2 years
Family-Friendly28% of residentswell above average
Homeowners84% of occupied units
NotableHigh Incomes$90k/year · top 25% nationally
NotableAffordable Market$166k median home · lower cost than 67% of the country
Lime Springs
IA

Frequently Asked Questions

What are today's mortgage rates in Lime Springs?

As of today, the 30-year fixed mortgage rate for Lime Springs is approximately 7.043% (7.087% 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 Lime Springs?

The median home value in Lime Springs is $166k. The median monthly rent is $714. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lime Springs?

Home values in Lime Springs have increased 47.2% 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 Lime Springs?

Based on a typical all-in ownership cost of $708/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lime Springs is $90k/year.

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What industries drive the economy in Lime Springs?

The largest employment sectors in Lime Springs are retail (20%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.