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Rock Valley Community

Learn about the people, housing, costs and businesses in Rock Valley Community, Iowa

Median Home$171,258
Median Rent$843/month
Population7,837
Leading IndustriesConstruction · Agriculture & Mining · Transportation11% construction
Home Value Growth⬆⬆⬆+23.3% over 2 years
Family-Friendly28% of residentstop 4% nationally
Homeowners73% of occupied units
NotableAffordable Market$171k median home · lower cost than 74% of the country
Rock Valley Community
IA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Rock Valley Community?

As of today, the 30-year fixed mortgage rate for Rock Valley Community is approximately 6.983% (7.022% 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 Rock Valley Community?

The median home value in Rock Valley Community is $171k. The median monthly rent is $843. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rock Valley Community?

Home values in Rock Valley Community have increased 23.3% 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 Rock Valley Community?

Based on a typical all-in ownership cost of $821/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rock Valley Community is $73k/year.

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What industries drive the economy in Rock Valley Community?

The largest employment sectors in Rock Valley Community are public administration (24%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.