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McGregor

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

Median Home$188,000
Median Rent$642/month
Population727
Leading IndustriesFinance & Insurance · Information & Media · Professional Services10% finance & insurance
Home Value Growth+8.2% over 2 years
Young Adults35% of residentswell above average
Homeowners74% of occupied units
McGregor
IA

Frequently Asked Questions

What are today's mortgage rates in McGregor?

As of today, the 30-year fixed mortgage rate for McGregor is approximately 6.989% (7.028% 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 McGregor?

The median home value in McGregor is $188k. The median monthly rent is $642. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McGregor?

Home values in McGregor have increased 8.2% 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 McGregor?

Based on a typical all-in ownership cost of $799/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 McGregor is $58k/year.

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What industries drive the economy in McGregor?

The largest employment sectors in McGregor are public administration (25%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.