Cost of Living in Taylor County, Iowa

$707/mo
Median Monthly Rent
$109,700
Median Home Value
13% below state averageUnaffordable

At a Glance

Median Monthly Rent
$707/mo
13% below state average
Median Home Value
$109,700
61% below national
Rent-to-Income Ratio
19.0%
% 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 Taylor County Compares

Median monthly rent comparison

Taylor County$707/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$707/mo
Median Gross Rent
$109,700
Median Home Value
$776/mo
Monthly Owner Cost
19.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Taylor County, Iowa

Taylor County offers national-leading affordability

Taylor County renters spend just 12.6% of income on housing, matching Sioux County as the best performance against the national average of 14.1%. At $707 monthly, median rent ranks among Iowa's lowest, delivering genuine relief for cost-conscious households.

Among Iowa's most affordable counties

Taylor County's 12.6% rent-to-income ratio beats the state average of 14.1%, placing it in Iowa's affordability elite. Median rent of $707 runs $105 below Iowa's median, making Taylor County a standout for renters prioritizing low costs.

Competitive with most affordable rural peers

Taylor County's $707 rent nearly matches Sac County ($643) and beats Shelby ($810) and Tama ($865) substantially. Median home values of $109,700—lowest in this survey—reinforce Taylor County's status as a genuine affordability destination.

Housing takes modest income share

With median income of $67,279, Taylor County residents allocate just 12.6% to rent or 13.8% to mortgage payments, providing exceptional financial flexibility. This leaves substantially more income for savings, investments, and living expenses compared to state norms.

Taylor County maximizes housing affordability

If affordability is your top priority, Taylor County delivers both lowest rents and lowest home values in this Iowa survey. At $707 monthly rent and exceptional cost ratios, Taylor County enables maximum household financial flexibility—ideal for those relocating to stretch every dollar.

Affordability Calculator

See how your income compares to housing costs in Taylor County

$

Rent Burden

12.6%

of gross income

Max Housing (28% Rule)

$1,570

per month

Owner Cost Burden

13.8%

of gross income

You can likely afford the median home in Taylor County

Median home value is $109,700. Estimated monthly cost: $876 vs. your max of $1,570.

Rent Affordability Guide

Your rent-to-income ratio12.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Taylor County, Iowa?
Taylor County, Iowa has a median monthly rent of $707/mo and a median home value of $109,700. The affordability rating is Unaffordable, with rent making up approximately 19.0% of median household income.
What is the median rent in Taylor County?
The median gross rent in Taylor County is $707/mo. This is 13% below state average for Iowa.
Is Taylor County affordable?
Taylor County is rated Unaffordable based on rent-to-income ratio of 19.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Taylor County's rent compare to the state average?
Taylor County's median rent of $707/mo is 13% below state average of $812/mo for Iowa.
What is the median home value in Taylor County?
The median home value in Taylor County, Iowa is $109,700. This is 61% 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.