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Cost of Living in Grundy County, IA

Population 12,384 · Census ACS 2020–2024 5-year estimates

Median rent$774
Median home value$198,800
Median household income$87,205

The median rent in Grundy County, IA is $774/month, 20% lower than the Iowa median and 45% lower than the U.S. median. The median home value is $198,800, 40% lower than the national median. Households earn a median of $87,205 a year, 16% higher than the state median.

Affordability

Rent as a share of median income: 10.7%
Income needed for median rent (30% rule): $30,960/yr
Home price-to-income ratio: 2.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,005/mo

Run your own numbers: mortgage calculator · hourly to salary

Grundy County vs. Iowa vs. U.S.

Grundy CountyIowaU.S.
Median rent$774$972$1,413
Median home value$198,800$208,000$332,700
Median household income$87,205$75,059$80,734
Homeownership rate84.5%71.7%65.2%
Bachelor's degree or higher27.8%31.4%35.7%
Poverty rate6.5%11.1%12.5%
Unemployment rate2.0%3.6%5.2%
Work from home9.5%11.3%15.1%
Median age41.938.638.9

FAQ

What is the average rent in Grundy County, IA?

The median gross rent in Grundy County, IA is $774 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Grundy County, IA?

Using the common 30% rule, renting a median-priced home takes about $30,960 a year in gross income.

Is Grundy County, IA expensive to live in?

Rent there is 45% lower than the U.S. median, and the median home costs about 2.3 times the median household income.

Other counties in Iowa

Polk County, IARent $1,149 · Income $83,576Linn County, IARent $945 · Income $77,649Scott County, IARent $1,005 · Income $78,277Johnson County, IARent $1,122 · Income $74,935Black Hawk County, IARent $989 · Income $66,417Dallas County, IARent $1,311 · Income $102,379

Counties with a similar cost of living

Nemaha County, KSRent $774 · Income $77,348Posey County, INRent $782 · Income $78,129LaGrange County, INRent $839 · Income $84,487Dearborn County, INRent $845 · Income $84,735Clay County, TXRent $811 · Income $80,114Putnam County, OHRent $855 · Income $84,928

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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