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Randolph

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

Median Home$135,300
Median Rent$802/month
Population179
Leading IndustriesArts, Food & Hospitality · Healthcare · Education17% arts, food & hospitality
Home Value Growth⬆⬆⬆+23.9% over 2 years
Retirees30% of residentswell above average
Homeowners75% of occupied units
NotableTransit79/100 · excellent transit access
NotableAffordable Market$135k median home · lower cost than 79% of the country
Randolph
IA

Frequently Asked Questions

What are today's mortgage rates in Randolph?

As of today, the 30-year fixed mortgage rate for Randolph 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 Randolph?

The median home value in Randolph is $135k. The median monthly rent is $802. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Randolph?

Home values in Randolph have increased 23.9% 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 Randolph?

Based on a typical all-in ownership cost of $785/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Randolph is $64k/year.

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What industries drive the economy in Randolph?

The largest employment sectors in Randolph are public administration (23%) and healthcare (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.