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Scarville

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

Median Home$162,400
Median Rent$704/month
Population74
Leading IndustriesHealthcare · Arts, Food & Hospitality · Transportation26% healthcare
Home Value Growth+6.3% over 2 years
Retirees25% of residentsabove average nationally
Homeowners73% of occupied units
NotableHighly Educated26% bachelor's · 14% graduate · top 16% nationally
NotableAffordable Market$162k median home · lower cost than 69% of the country
Scarville
IA

Frequently Asked Questions

What are today's mortgage rates in Scarville?

As of today, the 30-year fixed mortgage rate for Scarville is approximately 6.867% (6.902% 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 Scarville?

The median home value in Scarville is $162k. The median monthly rent is $704. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Scarville?

Home values in Scarville have increased 6.3% 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 Scarville?

Based on a typical all-in ownership cost of $769/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Scarville is $78k/year.

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What industries drive the economy in Scarville?

The largest employment sectors in Scarville are healthcare (26%) and public administration (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.