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North Union Community

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

Median Home$106,949
Median Rent$639/month
Population2,711
Leading IndustriesArts, Food & Hospitality · Healthcare · Construction12% arts, food & hospitality
Home Value Growth+9.2% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners82% of occupied units
NotableAffordable Market$107k median home · lower cost than 95% of the country
NotableHighly Educated26% bachelor's · 16% graduate · top 12% nationally
North Union Community
IA

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Frequently Asked Questions

What are today's mortgage rates in North Union Community?

As of today, the 30-year fixed mortgage rate for North Union Community is approximately 7.343% (7.394% 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 Union Community?

The median home value in North Union Community is $107k. The median monthly rent is $639. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North Union Community?

Home values in North Union Community have increased 9.2% over the past two years. This represents moderate growth. 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 Union Community?

Based on a typical all-in ownership cost of $690/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in North Union Community is $71k/year.

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What industries drive the economy in North Union Community?

The largest employment sectors in North Union Community are public administration (23%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.