Quick facts: Bondurant, IA

Quick Facts

96.6
Cost of Living
below US average
8,710
Population
2.3
Crime Rate per 1000
below US average
$120,588
Median Income
above US average
$297,500
Median House Price
above US average
$1876.0
Average Rent
above US average
2%
Poverty Rate
below US average
3.2%
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 $120,588.

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Income Needed to Buy

βœ“ Affordable
$93k/year
Based on $297,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($120,588) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$80k/year
Based on $1876.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($120,588) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bondurant, IA

Bondurant is a small but rapidly growing city located in Polk County, Iowa. Situated just northeast of Des Moines, Bondurant is part of the greater Des Moines metropolitan area, making it an appealing location for commuters. The city has a population of approximately 5,000 residents and features a friendly, tight-knit community atmosphere. Bondurant boasts a range of amenities, including parks, recreational facilities, and local shops. The city is home to several parks, such as the popular Bondurant Community Park, which offers playgrounds, walking trails, and sport fields. Additionally, the city hosts various events throughout the year, fostering community engagement and local culture. Education is an important aspect of Bondurant, with students attending schools in the Bondurant-Farrar Community School District, known for its strong academic programs and extracurricular activities. With its blend of small-town charm and convenient access to larger urban amenities, Bondurant is an attractive destination for families, young professionals, and retirees alike, making it a desirable place to live and work in Iowa.

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