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North Scott Community

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

Median Home$220,230
Median Rent$955/month
Population31,244
Leading IndustriesRetail · Wholesale Trade15% retail
Home Value Growth⬆⬆+11.3% over 2 years
Retirees21% of residentsnear the national average
Homeowners87% of occupied units
North Scott 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 North Scott Community?

As of today, the 30-year fixed mortgage rate for North Scott Community is approximately 6.986% (7.025% 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 North Scott Community?

The median home value in North Scott Community is $220k. The median monthly rent is $955. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North Scott Community?

Home values in North Scott Community have increased 11.3% 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 North Scott Community?

Based on a typical all-in ownership cost of $1,054/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in North Scott Community is $79k/year.

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What industries drive the economy in North Scott Community?

The largest employment sectors in North Scott Community are public administration (24%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.