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Martensdale-St. Marys Community

Learn about the people, housing, costs and businesses in Martensdale-St. Marys Community, Iowa

Median Home$427,991
Median Rent$1,494/month
Population77,200
Leading IndustriesHealthcare · Arts, Food & Hospitality · Transportation13% healthcare
Home Value Growth⬆⬆+17.5% over 2 years
Young Adults25% of residents
Homeowners79% of occupied units
NotableHigh Incomes$115k/year · top 7% nationally
NotableHighly Educated28% bachelor's · 12% graduate · top 7% nationally
Martensdale-St. Marys Community
IA

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Frequently Asked Questions

What are today's mortgage rates in Martensdale-St. Marys Community?

As of today, the 30-year fixed mortgage rate for Martensdale-St. Marys Community is approximately 6.868% (6.903% 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 Martensdale-St. Marys Community?

The median home value in Martensdale-St. Marys Community is $428k. The median monthly rent is $1,494. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Martensdale-St. Marys Community?

Home values in Martensdale-St. Marys Community have increased 17.5% 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 Martensdale-St. Marys Community?

Based on a typical all-in ownership cost of $1,661/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Martensdale-St. Marys Community is $115k/year.

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What industries drive the economy in Martensdale-St. Marys Community?

The largest employment sectors in Martensdale-St. Marys Community are public administration (24%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.