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Cost of Living in Wapello County, IA

Population 35,362 · Census ACS 2020–2024 5-year estimates

Median rent$920
Median home value$125,100
Median household income$64,766

The median rent in Wapello County, IA is $920/month, 5% lower than the Iowa median and 35% lower than the U.S. median. The median home value is $125,100, 62% lower than the national median. Households earn a median of $64,766 a year, 14% lower than the state median.

Affordability

Rent as a share of median income: 17.0%
Income needed for median rent (30% rule): $36,800/yr
Home price-to-income ratio: 1.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $633/mo

Run your own numbers: mortgage calculator · hourly to salary

Wapello County vs. Iowa vs. U.S.

Wapello CountyIowaU.S.
Median rent$920$972$1,413
Median home value$125,100$208,000$332,700
Median household income$64,766$75,059$80,734
Homeownership rate68.4%71.7%65.2%
Bachelor's degree or higher19.6%31.4%35.7%
Poverty rate15.8%11.1%12.5%
Unemployment rate4.3%3.6%5.2%
Work from home5.5%11.3%15.1%
Median age39.238.638.9

FAQ

What is the average rent in Wapello County, IA?

The median gross rent in Wapello County, IA is $920 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $36,800 a year in gross income.

Is Wapello County, IA expensive to live in?

Rent there is 35% lower than the U.S. median, and the median home costs about 1.9 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

Clinton County, INRent $920 · Income $65,019Allen County, OHRent $922 · Income $64,038Rockbridge County, VARent $925 · Income $65,469DeWitt County, TXRent $921 · Income $63,730Tuscarawas County, OHRent $908 · Income $65,044Latah County, IDRent $929 · Income $65,424

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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