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Worthington

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

Median Home$229,300
Median Rent$801/month
Population389
Leading IndustriesRetail · Arts, Food & Hospitality · Transportation19% retail
Home Value Growth+8.4% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners80% of occupied units
NotableHigh Incomes$93k/year · top 21% nationally
Worthington
IA

Frequently Asked Questions

What are today's mortgage rates in Worthington?

As of today, the 30-year fixed mortgage rate for Worthington is approximately 6.929% (6.966% 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 Worthington?

The median home value in Worthington is $229k. The median monthly rent is $801. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Worthington?

Home values in Worthington have increased 8.4% 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 Worthington?

Based on a typical all-in ownership cost of $984/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Worthington is $93k/year.

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What industries drive the economy in Worthington?

The largest employment sectors in Worthington are public administration (25%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.