Housing costs in Correctionville?
A typical home costs
$137,500, which is 59.3% less expensive than the national average of
$338,100 and 29.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Correctionville costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 14.8% cheaper than the state average of
$930.
Can I afford Correctionville?
To live comfortably in Correctionville, Iowa, a minimum annual income of
$26,280 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Correctionville?
The cost of living in Correctionville, IA is relatively low compared to the rest of the state. The median home value in Correctionville is $97,600 which is significantly lower than the national average of $184,700. The median household income for residents is $48,625, which is also lower than the national average. The unemployment rate in Correctionville is 3.7%, which is slightly lower than the national average of 3.9%. Groceries and health care costs are both below average in Correctionville which helps keep living expenses down for residents. Overall, Correctionville provides a great quality of life at an affordable cost for its citizens.