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Mallard

Learn about the people, housing, costs and businesses in Mallard, Iowa

Median Home$97,304
Median Rent$659/month
Population276
Leading IndustriesProfessional Services · Construction · Agriculture & Mining3% professional services
Home Value Growth⬆⬆+11.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners81% of occupied units
NotableAffordable Market$97k median home · lower cost than 93% of the country
Mallard
IA

Frequently Asked Questions

What are today's mortgage rates in Mallard?

As of today, the 30-year fixed mortgage rate for Mallard is approximately 6.860% (6.895% 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 Mallard?

The median home value in Mallard is $97k. The median monthly rent is $659. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mallard?

Home values in Mallard have increased 11.6% 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 Mallard?

Based on a typical all-in ownership cost of $830/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mallard is $80k/year.

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What industries drive the economy in Mallard?

The largest employment sectors in Mallard are public administration (25%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.