Housing costs in Glenwood?
A typical home costs
$270,800, which is 19.9% less expensive than the national average of
$338,100 and 38.9% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Glenwood costs
$990 per month, which is 6.5% more than the national average of
$930 and 9.1% cheaper than the state average of
$1,080.
Can I afford Glenwood?
To live comfortably in Glenwood (zip 51534), Iowa, a minimum annual income of
$51,840 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Glenwood?
The cost of living in 51534 Glenwood, IA is quite affordable. The median home price is only $117,500, which is well below the national average. The median household income is around $55,000 and the unemployment rate is just 4.8%. This means that the majority of people in Glenwood have enough money to cover their basic expenses and are able to get by without having to worry much about their financial situation. In addition, the taxes are relatively low compared to other states in the US, making it a great choice for those looking for an affordable place to live.