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Sutherland

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

Median Home$139,500
Median Rent$663/month
Population595
Leading IndustriesConstruction · Agriculture & Mining · Retail16% construction
Home Value Growth+9.3% over 2 years
Retirees23% of residentsslightly above average
Homeowners79% of occupied units
NotableAffordable Market$140k median home · lower cost than 78% of the country
Sutherland
IA

Frequently Asked Questions

What are today's mortgage rates in Sutherland?

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

The median home value in Sutherland is $140k. The median monthly rent is $663. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sutherland?

Home values in Sutherland have increased 9.3% 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 Sutherland?

Based on a typical all-in ownership cost of $680/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sutherland is $68k/year.

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What industries drive the economy in Sutherland?

The largest employment sectors in Sutherland are public administration (21%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.