Quick facts: Waukee, IA

Quick Facts

96.6
Cost of Living
below US average
29,167
Population
8.5
Crime Rate per 1000
below US average
$106,846
Median Income
above US average
$354,900
Median House Price
above US average
$1982.78
Average Rent
above US average
6%
Poverty Rate
below US average
2.9%
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 $106,846.

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Income Needed to Buy

βœ— Stretch
$111k/year
Based on $354,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $111k vs median $106,846
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Income Needed to Rent

βœ“ Affordable
$85k/year
Based on $1982.78/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($106,846) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Waukee, IA

Waukee, Iowa, is a rapidly growing suburban city located in Dallas County, just west of Des Moines. With a population of around 20,000, Waukee is known for its excellent school system, making it a desirable place for families. The city boasts a vibrant community with numerous parks, recreational facilities, and annual events such as the Waukee Farmers Market and Independence Day Celebration. Waukee's downtown area features a variety of shops, restaurants, and services, promoting a strong sense of community. The city is well-connected, with easy access to major highways and public transportation options, making commutes to Des Moines convenient for residents. Waukee also prioritizes green spaces, with extensive trails and parks for outdoor activities. In recent years, Waukee has seen substantial development in housing and commercial real estate, reflecting its appeal as a growing residential hub. The city combines small-town charm with modern amenities, making it an attractive location for individuals and families looking for a balanced lifestyle near the capital city of Iowa.

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