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Mediapolis

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

Median Home$215,300
Median Rent$1,019/month
Population1,683
Leading IndustriesTransportation · Retail · Construction4% transportation
Home Value Growth⬆⬆⬆+24.9% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners86% of occupied units
Mediapolis
IA

Frequently Asked Questions

What are today's mortgage rates in Mediapolis?

As of today, the 30-year fixed mortgage rate for Mediapolis is approximately 6.987% (7.029% 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 Mediapolis?

The median home value in Mediapolis is $215k. The median monthly rent is $1,019. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mediapolis?

Home values in Mediapolis have increased 24.9% 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 Mediapolis?

Based on a typical all-in ownership cost of $843/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mediapolis is $82k/year.

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What industries drive the economy in Mediapolis?

The largest employment sectors in Mediapolis are public administration (21%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.