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Massena

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

Median Home$168,800
Median Rent$917/month
Population370
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade20% construction
Home Value Growth+9.3% over 2 years
Retirees26% of residentsabove average nationally
Homeowners75% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Massena
IA

Frequently Asked Questions

What are today's mortgage rates in Massena?

As of today, the 30-year fixed mortgage rate for Massena is approximately 7.004% (7.044% 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 Massena?

The median home value in Massena is $169k. The median monthly rent is $917. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Massena?

Home values in Massena have increased 9.3% over the past two years. This represents moderate growth. 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 Massena?

Based on a typical all-in ownership cost of $827/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Massena is $61k/year.

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What industries drive the economy in Massena?

The largest employment sectors in Massena are agriculture and mining (21%) and construction (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.