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Manilla

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

Median Home$147,800
Median Rent$682/month
Population751
Leading IndustriesTransportation · Construction · Arts, Food & Hospitality8% transportation
Home Value Growth⬆⬆⬆+21.6% over 2 years
Family-Friendly28% of residentswell above average
Homeowners84% of occupied units
NotableHigh Incomes$90k/year · top 24% nationally
NotableAffordable Market$148k median home · lower cost than 75% of the country
Manilla
IA

Frequently Asked Questions

What are today's mortgage rates in Manilla?

As of today, the 30-year fixed mortgage rate for Manilla is approximately 6.997% (7.040% 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 Manilla?

The median home value in Manilla is $148k. The median monthly rent is $682. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Manilla?

Home values in Manilla have increased 21.6% 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 Manilla?

Based on a typical all-in ownership cost of $785/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Manilla is $90k/year.

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What industries drive the economy in Manilla?

The largest employment sectors in Manilla are public administration (15%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.