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Plainfield

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

Median Home$190,100
Median Rent$676/month
Population420
Leading IndustriesWholesale Trade · Professional Services · Finance & Insurance12% wholesale trade
Home Value Growth⬆⬆+20.4% over 2 years
Young Adults34% of residentswell above average
Homeowners89% of occupied units
NotableHigh Incomes$87k/year · top 27% nationally
Plainfield
IA

Frequently Asked Questions

What are today's mortgage rates in Plainfield?

As of today, the 30-year fixed mortgage rate for Plainfield is approximately 6.863% (6.898% 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 Plainfield?

The median home value in Plainfield is $190k. The median monthly rent is $676. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Plainfield?

Home values in Plainfield have increased 20.4% 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 Plainfield?

Based on a typical all-in ownership cost of $1,006/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Plainfield is $87k/year.

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What industries drive the economy in Plainfield?

The largest employment sectors in Plainfield are public administration (18%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.