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Mid-Prairie Community

Learn about the people, housing, costs and businesses in Mid-Prairie Community, Iowa

Median Home$227,373
Median Rent$908/month
Population24,717
Leading IndustriesWholesale Trade · Transportation · Construction11% wholesale trade
Home Value Growth⬆⬆⬆+23.5% over 2 years
Retirees26% of residentswell above average
Homeowners80% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Mid-Prairie Community
IA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Mid-Prairie Community?

As of today, the 30-year fixed mortgage rate for Mid-Prairie Community is approximately 6.983% (7.022% 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 Mid-Prairie Community?

The median home value in Mid-Prairie Community is $227k. The median monthly rent is $908. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mid-Prairie Community?

Home values in Mid-Prairie Community have increased 23.5% 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 Mid-Prairie Community?

Based on a typical all-in ownership cost of $929/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mid-Prairie Community is $77k/year.

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What industries drive the economy in Mid-Prairie Community?

The largest employment sectors in Mid-Prairie Community are public administration (20%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.