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Farmington city, IA

ZIP 52626 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 52626

Median Home Value
$88,800
Median Rent
$521
Affordability Snapshot
$24,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$570/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 52626 in Farmington city, IA, a household would need roughly $24,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $570. That sits below the local median household income ($58,580), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
79.8%+22% vs US avg
x
Vacancy Rate
13.1%+27% vs US avg
x
Broadband Access
71.8%-18% vs US avg
x
4+ Bedrooms
5.0%-66% vs US avg
x
Built Pre-1939
3.9%-69% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
6.1%-88% vs US avg
x
Mortgage-Free
62.3%+63% vs US avg
x
$88,800
Home Value
$521
Rent
1969
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached80.5%
  • 1-unit attached0.7%
  • 2-9 units7.0%
  • 10+ units0.0%
  • Mobile home & other11.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$88,800
Median rent$521
Owner-occupied79.8%
Vacant13.1%
Price-to-income1.5x
Est. income to buy$24,000