Quick facts: Churdan, IA

Quick Facts

96.6
Cost of Living
below US average
363
Population
13.77
Crime Rate per 1000
below US average
$58,125
Median Income
below US average
$159,900
Median House Price
above US average
$1132
Average Rent
below US average
10%
Poverty Rate
below US average
3.0%
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 $58,125.

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Income Needed to Buy

βœ“ Affordable
$50k/year
Based on $159,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($58,125) 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 ($58,125) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Churdan, IA

Churdan is a small town located in Greene County, Iowa. With a population of around 500 residents, it embodies the charm of rural Midwestern living. The town is characterized by a close-knit community atmosphere and a rich agricultural backdrop, typical of many small towns in the region. Churdan is primarily served by U.S. Route 30, making it accessible for travelers while retaining its peaceful ambiance. The town offers various local amenities, including parks for recreational activities and local shops that reflect its agricultural heritage. Key events and gatherings often revolve around community activities, helping to foster strong connections among residents. Nearby natural attractions include various lakes and parks, providing opportunities for outdoor recreation such as fishing, hiking, and camping. Churdan is also close to larger towns in Greene County, offering additional services and amenities while allowing residents to enjoy the tranquility of small-town life. Overall, Churdan, IA, is a quaint and welcoming place that reflects the heart of rural Iowa.

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