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Stratford Community

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

Median Home$137,120
Median Rent$588/month
Population1,302
Leading IndustriesConstruction · Agriculture & Mining · Transportation19% construction
Home Value Growth+3.3% over 2 years
Retirees22% of residentsslightly above average
Homeowners82% of occupied units
NotableAffordable Market$137k median home · lower cost than 88% of the country
Stratford 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 Stratford Community?

As of today, the 30-year fixed mortgage rate for Stratford Community is approximately 7.147% (7.194% 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 Stratford Community?

The median home value in Stratford Community is $137k. The median monthly rent is $588. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Stratford Community?

Home values in Stratford Community have increased 3.3% 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 Stratford Community?

Based on a typical all-in ownership cost of $749/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Stratford Community is $65k/year.

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What industries drive the economy in Stratford Community?

The largest employment sectors in Stratford Community are public administration (21%) and agriculture and mining (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.