Henry County, IA real estate

What the numbers say

Henry County, IA real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Henry County pay a median of $2,559 a year in property taxes on a median home value of $164,300, an effective rate of about 1.56%. The Iowa average is 1.39%, which makes Henry County the #91 lowest-tax of 99 counties in the state with published tax data.

Renters pay a median of $820 a month, and $852 for a two-bedroom. At today's prices a typical home costs about 17 times a year's rent.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $164,000 home here comes to about $1,177 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $50,000 a year (the median household here earns $67,436).