The typical owner-occupied home in Swaledale is worth about $62,900, 70% below the Iowa median of $208,000 and 81% below the national median of $332,700. Owners pay a median $1,065 a year in property taxes, about 1.69% of their home's value, higher than the Iowa rate of 1.39%. The median household earns $51,912 a year, so the median home costs 1.2 times the median income (2.8 times for Iowa). 81% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.
Swaledale at a glance
| Swaledale | Iowa | U.S. | |
|---|---|---|---|
| Median home value | $62,900 | $208,000 | $332,700 |
| Median property tax paid per year | $1,065 | $2,897 | $3,119 |
| Property tax as a share of value | 1.69% | 1.39% | 0.94% |
| Median household income | $51,912 | $75,059 | $80,734 |
| Homes lived in by their owners | 81% | 72% | 65% |
| Owner homes with a mortgage | 33% | 59% | 61% |
| Median monthly costs, owners with a mortgage | $1,083 | $1,533 | $1,963 |
| Those costs as a share of the owners' income | 28.0% | 18.7% | 21.0% |
| Median rent | – | $972 | $1,413 |
| Median year homes were built | 1938 | 1972 | 1980 |
| Vacant homes | 10.8% | 8.5% | 10.1% |
| Population | 148 | 3,210,507 | 334,922,499 |
What a typical home costs per month in Swaledale
At this week's average 30-year rate of 7.11%, buying the median Swaledale home of $62,900 with 20% down costs about $453 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $558, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $19,427 for the 20%-down payment. That payment is 10% of the median Swaledale household income of $51,912; at that income and 20% down, the 28% guideline points to a home of about $168,000.
| Down payment | $12,580 |
|---|---|
| Loan amount | $50,320 |
| Principal and interest | $339 |
| Property taxes (1.69% a year) | $89 |
| Homeowners insurance (our estimate, 0.5% a year) | $26 |
| PMI | $0 |
| Total per month | $453 |
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| Down payment | $2,202 |
|---|---|
| Loan amount | $61,761 |
| Principal and interest | $415 |
| Property taxes (1.69% a year) | $89 |
| Homeowners insurance (our estimate, 0.5% a year) | $26 |
| FHA mortgage insurance | $28 |
| Total per month | $558 |
Change the numbers in the calculator
Questions about home buying in Swaledale
What is the median home value in Swaledale?
About $62,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Swaledale?
Homeowners pay a median $1,065 a year, which is about 1.69% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Swaledale?
For the median home with 20% down at 7.11%, the payment is about $453 a month. Keeping that under 28% of gross income takes about $19,427 a year.
More about Swaledale
- Mortgage Refinance in Swaledale
- Debt Relief in Swaledale
- Home Equity Loans in Swaledale
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data