Cost of Living in Dickinson County, Iowa

$930/mo
Median Monthly Rent
$251,600
Median Home Value
15% above state averageUnaffordable

At a Glance

Median Monthly Rent
$930/mo
15% above state average
Median Home Value
$251,600
11% below national
Rent-to-Income Ratio
25.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Dickinson County Compares

Median monthly rent comparison

Dickinson County$930/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$930/mo
Median Gross Rent
$251,600
Median Home Value
$1,026/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Dickinson County, Iowa

Dickinson County rents exceed national average

Dickinson County's rent-to-income ratio of 15.0% exceeds the national average of 14%, placing it in the tighter affordability zone despite relatively stable local income. With median household income of $74,570 (essentially at the national median of $74,755) and monthly rent of $930, the county mirrors broader U.S. housing pressure.

Above-average rents across Iowa

Dickinson County's median rent of $930 runs 15% higher than Iowa's state average of $812, while its 15.0% rent-to-income ratio exceeds the state average of 14.1%. The county's rental market is noticeably tighter than most of Iowa, driven by modest income levels and elevated housing costs.

Dickinson pricier than most nearby counties

Dickinson's $930 monthly rent exceeds Delaware County ($743), Davis County ($878), Decatur County ($663), and Dubuque County ($944) only slightly. However, Dickinson's median home value of $251,600 is notably higher than neighbors like Delaware ($168,700) and Davis ($146,000), signaling a stronger ownership market.

Moderate income, elevated housing costs

Renters dedicate 15.0% of their $74,570 income to $930 monthly rent, while homeowners spend 16.5% on $1,026 owner costs for $251,600 properties. Dickinson's housing demand outpaces income growth, creating middle-ground affordability pressure without the extremes seen in other counties.

Dickinson offers lake country at a premium

Moving to Dickinson County means accessing recreational lakefront amenities and above-average home values ($251,600), but expect to pay 15% rent premiums and elevated affordability ratios. The trade-off between quality of life and housing costs shapes relocation decisions here.

Affordability Calculator

See how your income compares to housing costs in Dickinson County

$

Rent Burden

15.0%

of gross income

Max Housing (28% Rule)

$1,740

per month

Owner Cost Burden

16.5%

of gross income

The median home in Dickinson County may be a stretch

Median home value is $251,600. Estimated monthly cost: $2,009 vs. your max of $1,740.

Rent Affordability Guide

Your rent-to-income ratio15.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Dickinson County, Iowa?
Dickinson County, Iowa has a median monthly rent of $930/mo and a median home value of $251,600. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Dickinson County?
The median gross rent in Dickinson County is $930/mo. This is 15% above state average for Iowa.
Is Dickinson County affordable?
Dickinson County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Dickinson County's rent compare to the state average?
Dickinson County's median rent of $930/mo is 15% above state average of $812/mo for Iowa.
What is the median home value in Dickinson County?
The median home value in Dickinson County, Iowa is $251,600. This is 11% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.