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Welton

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

Median Home$155,100
Median Rent$933/month
Population122
Leading IndustriesWholesale Trade · Agriculture & Mining · Construction14% wholesale trade
Home Value Growth⬆⬆+20.6% over 2 years
Young Adults24% of residents
Homeowners83% of occupied units
Welton
IA

Frequently Asked Questions

What are today's mortgage rates in Welton?

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

The median home value in Welton is $155k. The median monthly rent is $933. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Welton?

Home values in Welton have increased 20.6% 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 Welton?

Based on a typical all-in ownership cost of $868/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 Welton is $72k/year.

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What industries drive the economy in Welton?

The largest employment sectors in Welton are public administration (21%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.