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Nevada Community

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

Median Home$206,495
Median Rent$1,327/month
Population263,635
Leading IndustriesHealthcare · Manufacturing · Finance & Insurance12% healthcare
Home Value Growth⬆⬆+13.7% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners66% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Nevada 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 Nevada Community?

As of today, the 30-year fixed mortgage rate for Nevada Community is approximately 7.010% (7.050% 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 Nevada Community?

The median home value in Nevada Community is $206k. The median monthly rent is $1,327. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nevada Community?

Home values in Nevada Community have increased 13.7% 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 Nevada Community?

Based on a typical all-in ownership cost of $1,211/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nevada Community is $73k/year.

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What industries drive the economy in Nevada Community?

The largest employment sectors in Nevada Community are public administration (22%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.