Cost of Living in Iowa County, Wisconsin
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Iowa County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Iowa County ranks #2,315 of 3,142 counties for affordability (bottom 26%)
Sourced county brief
Iowa County Median Home Value Reaches $265,000 in Recent Estimates
The median home value in Iowa County was estimated at $265,000 during the 2020-2024 period, which is above the Wisconsin unweighted county mean of $234,086. Among households that rent, the median renter-household income was $47,240, while the median gross rent was $954 per month. This monthly rent figure is higher than the state unweighted county mean of $916. For owner-occupied units, the median selected monthly owner cost was $1,197, exceeding the state unweighted county mean of $1,072. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) was 23.7%. This official GRAPI figure differs from the Wisconsin unweighted county mean of 25.3% by 1.6 percentage points. The data indicates that the median household income across all residents was $82,182. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Iowa County
Affordability Verdict
ACS B25071 estimates median gross rent at 23.7% of renter household income in Iowa County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $954 per month; median selected monthly owner costs are $1,197. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $38,160 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Wisconsin unweighted mean of county median rents is $916 per month. Iowa County's $954 median is 4.2% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Iowa County
Rent Burden
13.9%
of gross income
Max Housing (28% Rule)
$1,918
per month
Owner Cost Burden
17.5%
of gross income
The median home in Iowa County may be a stretch
Median home value is $265,000. Estimated monthly cost: $2,116 vs. your max of $1,918.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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