Cost of Living in Grundy County, Iowa

$777/mo
Median Monthly Rent
$180,500
Median Home Value
4% below state averageUnaffordable

At a Glance

Median Monthly Rent
$777/mo
4% below state average
Median Home Value
$180,500
36% below national
Rent-to-Income Ratio
23.0%
% 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 Grundy County Compares

Median monthly rent comparison

Grundy County$777/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$777/mo
Median Gross Rent
$180,500
Median Home Value
$1,004/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Grundy County, Iowa

Grundy County boasts strong affordability

Grundy County residents spend just 11.2% of household income on rent—the lowest ratio among these eight counties and well below the national average. With median household incomes of $83,617, Grundy combines the region's highest earnings with reasonable housing costs.

Among Iowa's most affordable and wealthiest

Grundy's 11.2% rent-to-income ratio significantly undercuts Iowa's 14.1% state average, and the county's median income of $83,617 exceeds the national median by $9,000. Grundy delivers excellent affordability paired with strong earning power.

Highest incomes, strong affordability edge

Grundy's median income of $83,617 tops all nearby counties, while its 11.2% rent-to-income ratio remains among the best in the region. Though median rent of $777 is mid-range regionally, Grundy residents earn enough to make it comfortably affordable.

Affluence enables housing flexibility

Grundy households earn $83,617 annually—the highest in this county group—while paying $777 in rent or $1,004 for homeownership. The median home value of $180,500 reflects the county's relative prosperity, and residents' strong incomes make it accessible.

Grundy: prosperity meets affordability

If you're relocating and earning above-median income, Grundy County offers the best overall value: highest local wages, lowest housing burden, and strong community stability. Your financial situation improves fastest in this county.

Affordability Calculator

See how your income compares to housing costs in Grundy County

$

Rent Burden

11.2%

of gross income

Max Housing (28% Rule)

$1,951

per month

Owner Cost Burden

14.4%

of gross income

You can likely afford the median home in Grundy County

Median home value is $180,500. Estimated monthly cost: $1,441 vs. your max of $1,951.

Rent Affordability Guide

Your rent-to-income ratio11.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Grundy County, Iowa?
Grundy County, Iowa has a median monthly rent of $777/mo and a median home value of $180,500. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Grundy County?
The median gross rent in Grundy County is $777/mo. This is 4% below state average for Iowa.
Is Grundy County affordable?
Grundy County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Grundy County's rent compare to the state average?
Grundy County's median rent of $777/mo is 4% below state average of $812/mo for Iowa.
What is the median home value in Grundy County?
The median home value in Grundy County, Iowa is $180,500. This is 36% 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.