Quick facts: Postville, IA

Quick Facts

96.6
Cost of Living
below US average
2,452
Population
11.42
Crime Rate per 1000
below US average
$46,522
Median Income
below US average
$200,000
Median House Price
above US average
$1132
Average Rent
below US average
12%
Poverty Rate
above US average
4.5%
Unemployment Rate
above 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 $46,522.

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Income Needed to Buy

βœ— Stretch
$63k/year
Based on $200,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $63k vs median $46,522
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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 $46,522
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Postville, IA

Postville, Iowa, is a small, vibrant town located in Allamakee County in the northeastern part of the state. With a population of roughly 2,000 residents, Postville is characterized by its diverse community, which includes a mix of cultural backgrounds, particularly due to its significant immigrant population. The town is known for its rich history, with many historical buildings and sites that reflect its heritage. Postville serves as a hub for agriculture and commerce in the region, primarily focusing on livestock and poultry farming. The local economy is bolstered by various small businesses, including restaurants, shops, and service providers that cater to both residents and visitors. Outdoor enthusiasts can enjoy the scenic landscapes of the surrounding area, with opportunities for hiking, fishing, and exploring the nearby countryside. Community events and festivals are common, fostering a strong sense of camaraderie among residents. Overall, Postville is a unique blend of tradition and modernity, offering a quaint yet engaging lifestyle in a friendly small-town atmosphere.

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