Quick facts: Pocahontas, IA

Quick Facts

96.6
Cost of Living
below US average
7,053
Population
2.13
Crime Rate per 1000
below US average
$61,434
Median Income
below US average
$179,900
Median House Price
above US average
$1132
Average Rent
below US average
7%
Poverty Rate
below US average
2.7%
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 $61,434.

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Income Needed to Buy

βœ“ Affordable
$56k/year
Based on $179,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($61,434) 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 ($61,434) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Pocahontas, IA

Pocahontas is a charming city located in Pocahontas County, Iowa. With a population of approximately 1,700 residents, it serves as a vibrant community with a rich history and agricultural roots. The city is known for its friendly atmosphere and small-town charm, making it a welcoming place for both residents and visitors. One of the highlights of Pocahontas is its picturesque landscapes, including rolling farmlands and natural beauty, providing ample opportunities for outdoor activities like hiking, fishing, and birdwatching. The city is also home to several parks, offering recreational facilities for families and individuals alike. Cultural events and local festivals, such as the Pocahontas County Fair, foster a strong sense of community and celebrate the heritage of the area. Local shops, restaurants, and businesses contribute to the city's economic vitality while providing a taste of local flavors and craftsmanship. Pocahontas is a great place for those seeking a quiet life with access to community spirit, natural beauty, and agricultural charm in the heart of Iowa.

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