Housing costs in Randolph?
A typical home costs
$152,100, which is 55.0% less expensive than the national average of
$338,100 and 22.0% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Randolph costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 5.1% more than the state average of
$930.
Can I afford Randolph?
To live comfortably in Randolph (zip 51649), Iowa, a minimum annual income of
$29,160 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Randolph?
Randolph, IA is a small rural town with an affordable cost of living. The median home value in Randolph, IA is around $89,000, which is significantly lower than the national median of around $200,000. Property taxes are relatively low here as well at only 0.95% of the home's value. The median household income for residents of Randolph, IA is approximately $46,000, which is slightly lower than the national median income of around $50,000. Additionally, utilities in Randolph are also relatively inexpensive compared to other areas as they are approximately 6% below the national average. With its low home values and cost of living overall, Randolph, IA is a great place for those looking to purchase a home while keeping their costs down.