Decatur County, IA

Comprehensive housing, income, and cost of living data for Decatur County, Iowa. Population: 7.7K.

Median Home Price
$163.5K

Based on 8 cities

Median Household Income
$57.1K

Annual household income

Price-to-Income Ratio
2.9x

Highly affordable

Salary Needed to Buy
$45.0K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,856

Average annual amount

Effective Tax Rate
1.14%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$827
Property Tax$155
Insurance$68.13
Total Monthly$1,050
Historical Home Prices
2015
$137.7K
2016
$125.0K
-9.2%%
2017
$125.3K
+0.3%%
2018
$136.4K
+8.8%%
2019
$141.9K
+4.0%%
2020
$157.9K
+11.3%%
2021
$151.2K
-4.3%%
2022
$157.4K
+4.1%%
2023
$144.1K
-8.5%%
2024
$144.5K
+0.3%%
2025
$145.9K
+1.0%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
2.7%%

Below national average

Population Density
14

People per square mile

Homicide Rate
0.0

null (per 100K residents)

Political Lean (2020)
Competitive

R+1

Racial Demographics

White
90.9%
Black
1.6%
Hispanic
3.3%
Asian
0.5%
Two or More Races
2.9%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
51°F

Annual average

Sunny Days
202

Days per year

Annual Rainfall
37.9"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 24/100

Frequently Asked Questions

What is the median home price in Decatur County, IA?

The median home price in Decatur County, Iowa is $163.5K. The price-to-income ratio is 2.9x, meaning the median home costs 2.9 times the median household income.

What salary do you need to buy a home in Decatur County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $45.0K per year to buy the median home in Decatur County, IA. Monthly housing costs break down to $827 for mortgage, $155 for property tax, and $68.13 for insurance.

What is the property tax rate in Decatur County?

The effective property tax rate in Decatur County is 1.14%, which comes to approximately $1,856 per year on the median home.

What is the median household income in Decatur County?

The median household income in Decatur County, Iowa is $57.1K per year, based on Census Bureau American Community Survey data. The unemployment rate is 2.7%%.

Is Decatur County a good place to live?

Decatur County, Iowa has a population of 7.7K. Housing affordability is strong with a price-to-income ratio of 2.9x. The climate averages 51 degrees F with 202 sunny days per year. Compare Decatur County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.