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Louisa-Muscatine Community

Learn about the people, housing, costs and businesses in Louisa-Muscatine Community, Iowa

Median Home$396,895
Median Rent$1,436/month
Population74,594
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services9% arts, food & hospitality
Home Value Growth⬆⬆+20.6% over 2 years
Retirees24% of residentsabove average nationally
Homeowners81% of occupied units
NotableHigh Incomes$111k/year · top 9% nationally
NotableHighly Educated22% bachelor's · 12% graduate · top 24% nationally
Louisa-Muscatine Community
IA

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Frequently Asked Questions

What are today's mortgage rates in Louisa-Muscatine Community?

As of today, the 30-year fixed mortgage rate for Louisa-Muscatine Community is approximately 6.853% (6.888% 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 Louisa-Muscatine Community
What is the median home price in Louisa-Muscatine Community?

The median home value in Louisa-Muscatine Community is $397k. The median monthly rent is $1,436. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Louisa-Muscatine Community?

Home values in Louisa-Muscatine Community have increased 20.6% 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 Louisa-Muscatine Community?

Based on a typical all-in ownership cost of $1,678/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Louisa-Muscatine Community is $111k/year.

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What industries drive the economy in Louisa-Muscatine Community?

The largest employment sectors in Louisa-Muscatine 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.