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Ocheyedan

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

Median Home$109,800
Median Rent$929/month
Population423
Leading IndustriesConstruction · Agriculture & Mining · Transportation20% construction
Home Value Growth+5.0% over 2 years
Retirees27% of residentsabove average nationally
Homeowners77% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Ocheyedan
IA

Frequently Asked Questions

What are today's mortgage rates in Ocheyedan?

As of today, the 30-year fixed mortgage rate for Ocheyedan is approximately 7.231% (7.279% 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 Ocheyedan?

The median home value in Ocheyedan is $110k. The median monthly rent is $929. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ocheyedan?

Home values in Ocheyedan have increased 5.0% 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 Ocheyedan?

Based on a typical all-in ownership cost of $806/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ocheyedan is $76k/year.

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What industries drive the economy in Ocheyedan?

The largest employment sectors in Ocheyedan are agriculture and mining (20%) and construction (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.