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Rowley

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

Median Home$186,200
Median Rent$993/month
Population273
Leading IndustriesProfessional Services · Transportation · Retail3% professional services
Home Value Growth⬆⬆+18.5% over 2 years
Retirees28% of residentswell above average
Homeowners90% of occupied units
NotableTransit80/100 · excellent transit access
NotableHigh Incomes$85k/year · top 30% nationally
Rowley
IA

Frequently Asked Questions

What are today's mortgage rates in Rowley?

As of today, the 30-year fixed mortgage rate for Rowley is approximately 7.090% (7.136% 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 Rowley?

The median home value in Rowley is $186k. The median monthly rent is $993. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rowley?

Home values in Rowley have increased 18.5% 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 Rowley?

Based on a typical all-in ownership cost of $929/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rowley is $85k/year.

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What industries drive the economy in Rowley?

The largest employment sectors in Rowley are public administration (17%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.