Quick facts: Andrew, IA

Quick Facts

96.6
Cost of Living
below US average
378
Population
13.23
Crime Rate per 1000
below US average
$61,613
Median Income
below US average
$169,000
Median House Price
above US average
$1132
Average Rent
below US average
9%
Poverty Rate
below US average
2.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $61,613.

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Income Needed to Buy

βœ“ Affordable
$53k/year
Based on $169,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($61,613) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$49k/year
Based on $1132/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($61,613) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Andrew, IA

Andrew is a small, charming town located in Jackson County, Iowa. Nestled in the scenic landscapes of the Midwest, this community offers a rural lifestyle with a strong sense of community spirit. The population is just around 300 residents, making it a close-knit environment. The town is primarily residential, featuring a range of historic homes and modern amenities. Residents enjoy a peaceful atmosphere, with the picturesque countryside surrounding the area. Andrew is known for its outdoor recreational opportunities, including parks and walking trails, which allow for exploration of the stunning natural landscape. Local events often bring the community together, fostering camaraderie among residents. The town boasts a small selection of local businesses, including cafes and shops that reflect its unique character. Education is provided by the local school district, which offers a supportive environment for students. Nearby larger towns provide additional shopping and dining options, giving residents access to more amenities while maintaining the tranquility of small-town living. Overall, Andrew embodies the welcoming spirit of rural Iowa, making it an ideal place for those seeking a quieter lifestyle.

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