Home/Iowa/Polk County

Polk County Housing Market

Iowa · 99 counties · Ranked #2354 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$248,400

vs national$248,400 vs $281,900 national

Median Gross Rent

$1,113/mo

vs national$1,113 vs $1,163 national

Effective Tax Rate

1.76%

vs national+1.76% vs 1.02% national

Median Household Income

$81,621

vs national+$81,621 vs $74,755 national

Affordability Ratio

3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

27.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$4,364

Tax as % of Home Value

1.76%

Monthly Owner Cost

$1,409

Renter Income

$49,035

Frequently Asked Questions

What is the median home value in Polk County?
The median home value in Polk County is $248,400. This is below the national median of $281,900.
How much is rent in Polk County?
The median gross rent in Polk County is $1,113 per month.
What is the property tax rate in Polk County?
The effective property tax rate in Polk County is 1.76%. The median annual property tax bill is $4,364.
Is Polk County affordable?
With a home-value-to-income ratio of 3x, Polk County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.