Quick facts: Fort dodge, IA

Quick Facts

96.6
Cost of Living
below US average
24,657
Population
35.77
Crime Rate per 1000
above US average
$59,452
Median Income
below US average
$160,000
Median House Price
above US average
$36962.5
Average Rent
above 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 $59,452.

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Income Needed to Buy

βœ“ Affordable
$50k/year
Based on $160,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($59,452) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$1584k/year
Based on $36962.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $1584k vs median $59,452
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Fort dodge, IA

Fort Dodge is a charming city located in central Iowa, known for its vibrant community and rich history. With a population of around 25,000 residents, it serves as a hub for agriculture and manufacturing in the region. The town is steeped in history, having been established in the mid-19th century, and features several historical landmarks, including the Fort Museum and the Webster County Historical Society. The city is surrounded by picturesque landscapes, making it a great area for outdoor enthusiasts. Popular recreational spots include the John D. Dingell Wildlife Area and the scenic Lizard Creek. Fort Dodge also boasts a variety of parks and recreational facilities for families and individuals to enjoy. Culturally, Fort Dodge hosts various events and festivals throughout the year, fostering a sense of community. The downtown area offers local boutiques, dining options, and arts programs, enhancing the local economy. With its friendly atmosphere and strong community spirit, Fort Dodge is an inviting place for residents and visitors alike.

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