Quick facts: Jesup, IA

Quick Facts

96.6
Cost of Living
below US average
2,525
Population
5.94
Crime Rate per 1000
below US average
$83,519
Median Income
above US average
$210,000
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 $83,519.

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Income Needed to Buy

βœ“ Affordable
$66k/year
Based on $210,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($83,519) 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 ($83,519) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Jesup, IA

Jesup, Iowa, is a small city located in Buchanan County, with a population of around 2,500 residents. Situated about 15 miles northwest of Waterloo, it offers a charming rural atmosphere while still providing access to larger urban amenities nearby. The city features a tight-knit community, enriched by local events and recreational activities. Jesup is known for its friendly hospitality and strong community spirit, hosting annual events like the Jesup Community Days, which brings residents together for parades, food, and festivities. The town boasts parks and recreational facilities, providing spaces for outdoor activities such as hiking, picnics, and children's sports. Education is supported by the Jesup Community School District, known for its commitment to academic excellence and community involvement. The surrounding landscape is characterized by beautiful farmland and scenic views, making it an attractive spot for those who enjoy nature. Overall, Jesup offers a peaceful, community-oriented lifestyle with a strong sense of belonging, making it an appealing choice for families and individuals looking for a slower pace of life.

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