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Pierson

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

Median Home$104,900
Median Rent$896/month
Population323
Leading IndustriesConstruction · Agriculture & Mining8% construction
Home Value Growth⬆⬆⬆+33.0% over 2 years
Retirees24% of residentsslightly above average
Homeowners85% of occupied units
Pierson
IA

Frequently Asked Questions

What are today's mortgage rates in Pierson?

As of today, the 30-year fixed mortgage rate for Pierson is approximately 6.973% (7.012% 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 Pierson?

The median home value in Pierson is $105k. The median monthly rent is $896. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pierson?

Home values in Pierson have increased 33.0% 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 Pierson?

Based on a typical all-in ownership cost of $779/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pierson is $66k/year.

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What industries drive the economy in Pierson?

The largest employment sectors in Pierson are public administration (24%) and agriculture and mining (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.