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Varina

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

Median Home$104,600
Median Rent$831/month
Population66
Leading IndustriesInformation & Media · Finance & Insurance · Construction14% information & media
Home Value Growth⬆⬆⬆+45.5% over 2 years
Retirees27% of residentsabove average nationally
Homeowners81% of occupied units
NotableAffordable Market$105k median home · lower cost than 90% of the country
Varina
IA

Frequently Asked Questions

What are today's mortgage rates in Varina?

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

The median home value in Varina is $105k. The median monthly rent is $831. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Varina?

Home values in Varina have increased 45.5% 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 Varina?

Based on a typical all-in ownership cost of $598/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Varina is $71k/year.

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What industries drive the economy in Varina?

The largest employment sectors in Varina 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.