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Story County Housing Market

Iowa · 99 counties · Ranked #2319 in home value

Below National Avg

Housing at a Glance

Median Home Value

$243,600

vs national$243,600 vs $281,900 national

Median Gross Rent

$1,019/mo

vs national$1,019 vs $1,163 national

Effective Tax Rate

1.47%

vs national+1.47% vs 1.02% national

Median Household Income

$69,006

vs national$69,006 vs $74,755 national

Affordability Ratio

3.5x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$3,586

Tax as % of Home Value

1.47%

Monthly Owner Cost

$1,245

Renter Income

$39,825

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Frequently Asked Questions

What is the median home value in Story County?

The median home value in Story County is $243,600. This is below the national median of $281,900.

How much is rent in Story County?

The median gross rent in Story County is $1,019 per month.

What is the property tax rate in Story County?

The effective property tax rate in Story County is 1.47%. The median annual property tax bill is $3,586.

Is Story County affordable?

With a home-value-to-income ratio of 3.5x, Story County is moderately 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.