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Persia

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

Median Home$243,600
Median Rent$1,051/month
Population304
Leading IndustriesTransportation · Professional Services · Wholesale Trade5% transportation
Home Value Growth⬆⬆+19.6% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners82% of occupied units
NotableTransit88/100 · excellent transit access
NotableHigh Incomes$109k/year · top 12% nationally
Persia
IA

Frequently Asked Questions

What are today's mortgage rates in Persia?

As of today, the 30-year fixed mortgage rate for Persia is approximately 6.903% (6.939% 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 Persia?

The median home value in Persia is $244k. The median monthly rent is $1,051. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Persia?

Home values in Persia have increased 19.6% 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 Persia?

Based on a typical all-in ownership cost of $1,057/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 Persia is $109k/year.

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What industries drive the economy in Persia?

The largest employment sectors in Persia are public administration (21%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.