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Linn Grove

Learn about the people, housing, costs and businesses in Linn Grove, Iowa

Median Home$111,900
Median Rent$684/month
Population146
Leading IndustriesArts, Food & Hospitality · Transportation · Professional Services8% arts, food & hospitality
Home Value Growth+2.4% over 2 years
Retirees23% of residentsslightly above average
Homeowners79% of occupied units
NotableHighly Educated28% bachelor's · 13% graduate · top 12% nationally
NotableAffordable Market$112k median home · lower cost than 88% of the country
Linn Grove
IA

Frequently Asked Questions

What are today's mortgage rates in Linn Grove?

As of today, the 30-year fixed mortgage rate for Linn Grove is approximately 6.894% (6.930% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Linn Grove
What is the median home price in Linn Grove?

The median home value in Linn Grove is $112k. The median monthly rent is $684. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Linn Grove?

Home values in Linn Grove have increased 2.4% over the past two years. The market has been relatively stable. 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 Linn Grove?

Based on a typical all-in ownership cost of $727/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Linn Grove is $70k/year.

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What industries drive the economy in Linn Grove?

The largest employment sectors in Linn Grove are public administration (24%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.