Quick facts: Onslow, IA

Quick Facts

96.6
Cost of Living
below US average
201
Population
24.88
Crime Rate per 1000
above US average
$40,588
Median Income
below US average
$120,500
Median House Price
above US average
$1132
Average Rent
below US average
12%
Poverty Rate
above US average
3.5%
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 $40,588.

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Income Needed to Buy

βœ“ Affordable
$38k/year
Based on $120,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($40,588) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$49k/year
Based on $1132/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $49k vs median $40,588
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Onslow, IA

Onslow is a small town located in Jones County, Iowa, with a quaint and close-knit community. As of the 2020 census, it has a population of around 250 residents, reflecting its small-town charm. Situated on the scenic backdrop of Iowa's rolling hills, Onslow offers a serene rural lifestyle, making it appealing for those seeking a quiet environment away from larger urban centers. The town features a mix of residential homes, local businesses, and beautiful landscapes. It is primarily a farming community, surrounded by expansive fields and lush greenery. Outdoor activities such as fishing, hiking, and biking are popular among residents, thanks to the nearby natural areas. Onslow has a rich history, with roots dating back to its founding in the late 19th century. The community hosts events throughout the year that foster camaraderie among residents, including seasonal fairs and local festivals. While Onslow may not have extensive amenities, its proximity to bigger cities like Monticello and Cedar Rapids means residents can easily access a wider range of services, shopping, and entertainment. Overall, Onslow embodies the spirit of small-town America, ideal for those who appreciate a slower pace of life within a supportive community.

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