Housing Affordability in Iowa

$221,000
Median Home Value
2024
$71,433
Median Household Income
2024

Historical data

Coming soon

Long-run charts for this indicator are on the way.

Compared to the United States

Coming soon

Side-by-side comparison of Iowa vs. the U.S. average.

National ranking

How states rank by home value-to-income ratio.

#1Oklahoma2.9
#2Illinois3.1
#3Ohio3.2
#4Indiana3.3
#5Michigan3.4
#6Pennsylvania3.5
#7Missouri3.5
#8Wisconsin3.6
#9Minnesota3.7
#10Virginia4.2
#11Georgia4.4
#12North Carolina4.5
#13Delaware4.6
#14Tennessee4.6
#15New Jersey4.9
#16Utah5.3
#17Rhode Island5.4
#18Maine5.4
#19New York5.5
#20Arizona5.6
#21Nevada5.9
#22Colorado5.9
#23Massachusetts6
#24Oregon6.1
#25Washington6.1
#26Montana6.4
#27Wyoming12
#28New Mexico18
#29Vermont30
#30New Hampshire78
#31Texas84
#32South Dakota88
#33Florida105
#34Louisiana$4,700
#35Kentucky$186,000

Overview

Comparing Iowa's median home price of $221,000 to its median household income of $71,433 yields a price-to-income ratio near 3.1, a key affordability benchmark.

Did you know?

  • Housing affordability pressures in Iowa have intensified amid rising mortgage rates since 2022.

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