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What Cheer

Learn about the people, housing, costs and businesses in What Cheer, Iowa

Median Home$97,400
Median Rent$874/month
Population638
Leading IndustriesTransportation · Construction · Agriculture & Mining5% transportation
Home Value Growth+9.0% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners84% of occupied units
What Cheer
IA

Frequently Asked Questions

What are today's mortgage rates in What Cheer?

As of today, the 30-year fixed mortgage rate for What Cheer is approximately 7.383% (7.436% 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 What Cheer?

The median home value in What Cheer is $97k. The median monthly rent is $874. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in What Cheer?

Home values in What Cheer have increased 9.0% 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 What Cheer?

Based on a typical all-in ownership cost of $798/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in What Cheer is $58k/year.

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What industries drive the economy in What Cheer?

The largest employment sectors in What Cheer are retail (20%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.