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Mineola

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

Median Home$392,600
Median Rent$1,098/month
Population166
Leading IndustriesWholesale Trade · Professional Services · Transportation13% wholesale trade
Home Value Growth+2.4% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners91% of occupied units
NotableHigh Incomes$115k/year · top 10% nationally
NotableHighly Educated26% hold a bachelor's degree · top 16% nationally
Mineola
IA

Frequently Asked Questions

What are today's mortgage rates in Mineola?

As of today, the 30-year fixed mortgage rate for Mineola is approximately 6.978% (7.020% 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 Mineola?

The median home value in Mineola is $393k. The median monthly rent is $1,098. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mineola?

Home values in Mineola have increased 2.4% over the past two years. The market has been relatively stable. 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 Mineola?

Based on a typical all-in ownership cost of $1,337/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mineola is $115k/year.

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What industries drive the economy in Mineola?

The largest employment sectors in Mineola are public administration (19%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.