Quick facts: Cascade, IA

Quick Facts

96.6
Cost of Living
below US average
2,384
Population
6.29
Crime Rate per 1000
below US average
$62,829
Median Income
below US average
$349,900
Median House Price
above US average
$1132
Average Rent
below US average
5%
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 $62,829.

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Income Needed to Buy

βœ— Stretch
$110k/year
Based on $349,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $110k vs median $62,829
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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 ($62,829) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Cascade, IA

Cascade is a small city located in Dubuque County, Iowa, with a population of around 2,300 residents. Nestled in the scenic landscape of the Midwest, it offers a blend of rural charm and community spirit. The city is situated at the intersection of State Highways 136 and 151, providing convenient access to nearby larger cities like Dubuque and Cedar Rapids. The downtown area features a variety of local businesses, shops, and dining options, making it a welcoming place for both residents and visitors. Cascade is known for its strong sense of community, with numerous annual events and festivals that bring people together, such as the Cascade Fun Fest. Outdoor enthusiasts can enjoy the nearby natural landscapes, with opportunities for hiking, fishing, and other recreational activities. The city also has parks and green spaces, perfect for family gatherings and outdoor events. Cascade embodies the essence of small-town Iowa, with friendly residents and a commitment to preserving its historical roots while fostering a vibrant local culture.

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