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Mediapolis Community

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

Median Home$372,506
Median Rent$1,408/month
Population58,697
Leading IndustriesHealthcare · Arts, Food & Hospitality · Finance & Insurance15% healthcare
Home Value Growth⬆⬆+14.8% over 2 years
Young Adults29% of residentsslightly above average
Homeowners87% of occupied units
NotableHighly Educated28% hold a bachelor's degree · top 7% nationally
NotableHigh Incomes$111k/year · top 9% nationally
Mediapolis Community
IA

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Frequently Asked Questions

What are today's mortgage rates in Mediapolis Community?

As of today, the 30-year fixed mortgage rate for Mediapolis Community is approximately 6.889% (6.925% 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 Community?

The median home value in Mediapolis Community is $373k. The median monthly rent is $1,408. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mediapolis Community?

Home values in Mediapolis Community have increased 14.8% 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 Community?

Based on a typical all-in ownership cost of $1,629/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mediapolis Community is $111k/year.

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What industries drive the economy in Mediapolis Community?

The largest employment sectors in Mediapolis Community are public administration (22%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.