Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Marcus

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

Median Home$203,200
Median Rent$1,011/month
Population1,103
Leading IndustriesEducation · Wholesale Trade · Healthcare5% education
Home Value Growth⬆⬆⬆+43.0% over 2 years
Retirees47% of residentstop 1% nationally
Homeowners80% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
NotableHigh Incomes$86k/year · top 28% nationally
Marcus
IA

Frequently Asked Questions

What are today's mortgage rates in Marcus?

As of today, the 30-year fixed mortgage rate for Marcus is approximately 6.927% (6.964% 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 Marcus
What is the median home price in Marcus?

The median home value in Marcus is $203k. The median monthly rent is $1,011. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marcus?

Home values in Marcus have increased 43.0% 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 Marcus?

Based on a typical all-in ownership cost of $917/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marcus is $86k/year.

Calculate your buying power
What industries drive the economy in Marcus?

The largest employment sectors in Marcus are public administration (19%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.