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Shenandoah

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

Median Home$115,888
Median Rent$744/month
Population4,799
Leading IndustriesRetail · Construction · Agriculture & Mining24% retail
Home Value Growth⬆⬆+18.8% over 2 years
Retirees25% of residentsabove average nationally
Homeowners59% of occupied units
NotableTransit92/100 · excellent transit access
NotableAmenity Score81/100 · highly walkable area
Shenandoah
IA

Frequently Asked Questions

What are today's mortgage rates in Shenandoah?

As of today, the 30-year fixed mortgage rate for Shenandoah is approximately 7.096% (7.142% 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 Shenandoah?

The median home value in Shenandoah is $116k. The median monthly rent is $744. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shenandoah?

Home values in Shenandoah have increased 18.8% 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 Shenandoah?

Based on a typical all-in ownership cost of $778/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 Shenandoah is $58k/year.

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What industries drive the economy in Shenandoah?

The largest employment sectors in Shenandoah are retail (24%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.