Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Logan-Magnolia Community

Learn about the people, housing, costs and businesses in Logan-Magnolia Community, Iowa

Median Home$155,910
Median Rent$826/month
Population19,783
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation9% arts, food & hospitality
Home Value Growth⬆⬆+17.9% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners79% of occupied units
NotableAffordable Market$156k median home · lower cost than 81% of the country
NotableHighly Educated22% bachelor's · 14% graduate · top 24% nationally
Logan-Magnolia Community
IA

Explore Logan-Magnolia Community

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

Frequently Asked Questions

What are today's mortgage rates in Logan-Magnolia Community?

As of today, the 30-year fixed mortgage rate for Logan-Magnolia Community is approximately 6.995% (7.038% 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 Logan-Magnolia Community
What is the median home price in Logan-Magnolia Community?

The median home value in Logan-Magnolia Community is $156k. The median monthly rent is $826. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Logan-Magnolia Community?

Home values in Logan-Magnolia Community have increased 17.9% 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 Logan-Magnolia Community?

Based on a typical all-in ownership cost of $823/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Logan-Magnolia Community is $69k/year.

Calculate your buying power
What industries drive the economy in Logan-Magnolia Community?

The largest employment sectors in Logan-Magnolia Community are public administration (26%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.