Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Waucoma

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

Median Home$168,800
Median Rent$725/month
Population223
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing12% construction
Home Value Growth+8.0% over 2 years
Retirees23% of residentsslightly above average
Homeowners82% of occupied units
NotableAffordable Market$169k median home · lower cost than 65% of the country
Waucoma
IA

Frequently Asked Questions

What are today's mortgage rates in Waucoma?

As of today, the 30-year fixed mortgage rate for Waucoma is approximately 6.997% (7.037% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Waucoma
What is the median home price in Waucoma?

The median home value in Waucoma is $169k. The median monthly rent is $725. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Waucoma?

Home values in Waucoma have increased 8.0% 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 Waucoma?

Based on a typical all-in ownership cost of $873/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 Waucoma is $81k/year.

Calculate your buying power
What industries drive the economy in Waucoma?

The largest employment sectors in Waucoma are public administration (22%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.