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Ringsted

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

Median Home$103,700
Median Rent$620/month
Population332
Leading IndustriesConstruction · Agriculture & Mining · Retail13% construction
Home Value Growth+9.1% over 2 years
Retirees29% of residentswell above average
Homeowners81% of occupied units
NotableAffordable Market$104k median home · lower cost than 91% of the country
Ringsted
IA

Frequently Asked Questions

What are today's mortgage rates in Ringsted?

As of today, the 30-year fixed mortgage rate for Ringsted is approximately 6.978% (7.020% 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 Ringsted?

The median home value in Ringsted is $104k. The median monthly rent is $620. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ringsted?

Home values in Ringsted have increased 9.1% 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 Ringsted?

Based on a typical all-in ownership cost of $681/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ringsted is $70k/year.

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What industries drive the economy in Ringsted?

The largest employment sectors in Ringsted are public administration (22%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.