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Shambaugh

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

Median Home$143,500
Median Rent$817/month
Population152
Leading IndustriesConstruction · Agriculture & Mining · Retail18% construction
Home Value Growth⬆⬆+17.4% over 2 years
Retirees23% of residentsslightly above average
Homeowners86% of occupied units
NotableTransit79/100 · excellent transit access
NotableAffordable Market$144k median home · lower cost than 77% of the country
Shambaugh
IA

Frequently Asked Questions

What are today's mortgage rates in Shambaugh?

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

The median home value in Shambaugh is $144k. The median monthly rent is $817. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shambaugh?

Home values in Shambaugh have increased 17.4% 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 Shambaugh?

Based on a typical all-in ownership cost of $872/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shambaugh is $67k/year.

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What industries drive the economy in Shambaugh?

The largest employment sectors in Shambaugh are retail (21%) and agriculture and mining (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.