Housing costs in Inwood?
A typical home costs
$207,300, which is 38.7% less expensive than the national average of
$338,100 and 6.4% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Inwood costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 19.2% cheaper than the state average of
$930.
Can I afford Inwood?
To live comfortably in Inwood (zip 51240), Iowa, a minimum annual income of
$39,600 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Inwood?
The cost of living in 51240 Inwood, IA is quite reasonable compared to other parts of the country. The median housing cost in this area is around $117,000 which is well below the national average. Additionally, the median household income is just over $50,000 per year. This means that families can enjoy a comfortable lifestyle while still being able to save money for future investments and other expenses. Furthermore, the unemployment rate in this area is relatively low when compared to other parts of Iowa and the US as a whole, making it an attractive place for those looking for a job or pursuing higher education. All these factors make Inwood an ideal location for people looking to start fresh or escape from a more expensive city or state.