Cost of Living in Wright County, Iowa
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Wright County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Wright County, Iowa
Wright County rents align with national trends
Wright County renters spend 14.8% of their income on rent, nearly matching the national average of roughly 15%. However, the county's median household income of $64,033 trails the national median of $74,755 by over $10,000, meaning residents earn less while paying proportionally similar housing costs.
Slightly below state average for rent burden
Wright County's 14.8% rent-to-income ratio sits just below Iowa's state average of 14.1%, placing it in the middle of the three counties. With median rent at $788, the county runs $24 above the state median of $812, reflecting moderate housing demand.
Middle ground between Worth and Woodbury
Wright County's $788 rent falls between Worth's $703 and Woodbury's $946, while its $64,033 income is the lowest of the three. Despite the lowest earnings, Wright County's modest housing costs and lowest median home value ($109,800) keep affordability manageable.
Lowest earners, lowest housing prices
Wright County renters pay $788 monthly while homeowners spend $716 on properties valued at just $109,800—the region's most affordable homes. With median income at $64,033, housing consumes roughly 15% of gross income for renters, but the low home values create strong ownership opportunities.
Best homebuying opportunity for budget buyers
Wright County's $109,800 median home value and $716 monthly owner costs offer the most accessible path to homeownership in the region, especially for lower-income households. If building equity matters more than renting flexibility, Wright County's affordable properties and modest ongoing costs make it worth serious consideration.
Affordability Calculator
See how your income compares to housing costs in Wright County
Rent Burden
14.8%
of gross income
Max Housing (28% Rule)
$1,494
per month
Owner Cost Burden
13.4%
of gross income
You can likely afford the median home in Wright County
Median home value is $109,800. Estimated monthly cost: $877 vs. your max of $1,494.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.