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West Bend-Mallard Community

Learn about the people, housing, costs and businesses in West Bend-Mallard Community, Iowa

Median Home$169,199
Median Rent$649/month
Population8,426
Leading IndustriesEducation · Construction · Professional Services3% education
Home Value Growth⬆⬆+20.8% over 2 years
Retirees27% of residentswell above average
Homeowners79% of occupied units
NotableAffordable Market$169k median home · lower cost than 75% of the country
NotableVeteran Community8% of residents · top 27% nationally
West Bend-Mallard Community
IA

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Frequently Asked Questions

What are today's mortgage rates in West Bend-Mallard Community?

As of today, the 30-year fixed mortgage rate for West Bend-Mallard Community is approximately 6.872% (6.907% 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 West Bend-Mallard Community
What is the median home price in West Bend-Mallard Community?

The median home value in West Bend-Mallard Community is $169k. The median monthly rent is $649. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in West Bend-Mallard Community?

Home values in West Bend-Mallard Community have increased 20.8% 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 West Bend-Mallard Community?

Based on a typical all-in ownership cost of $752/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 West Bend-Mallard Community is $71k/year.

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What industries drive the economy in West Bend-Mallard Community?

The largest employment sectors in West Bend-Mallard Community are public administration (22%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.