Quick facts: Wiota, IA

Quick Facts

96.6
Cost of Living
below US average
91
Population
Crime rate Data is updating, will be available soon
$73,403
Median Income
below US average
$120,000
Median House Price
above US average
$1132
Average Rent
below US average
Poverty rate Data is updating, will be available soon
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 $73,403.

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Income Needed to Buy

βœ“ Affordable
$38k/year
Based on $120,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($73,403) 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 ($73,403) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wiota, IA

Wiota is a small, unincorporated community located in Cass County, Iowa. Situated within the broader region of southwestern Iowa, it is known for its rural charm and close-knit community atmosphere. The town is characterized by its agricultural surroundings, with many residents involved in farming and related activities. Though Wiota is a small community, it is conveniently located near the larger town of Atlantic, which offers additional amenities such as shops, restaurants, and recreational facilities. The area is surrounded by beautiful landscapes, offering opportunities for outdoor activities like hiking, fishing, and exploring the scenic rolling hills typical of Iowa. As part of a tight-knit community, residents of Wiota often engage in local events and gatherings, fostering a strong sense of belonging. The community’s low population density provides a peaceful, quiet lifestyle, making it a suitable location for families and individuals seeking a rural living experience. Overall, Wiota embodies the essence of small-town Iowa, offering a tranquil setting and a supportive community while being close enough to larger towns for added conveniences.

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