The typical owner-occupied home in Saint Lucas is worth about $134,400, 35% below the Iowa median of $208,000 and 60% below the national median of $332,700. Owners pay a median $1,500 a year in property taxes, about 1.12% of their home's value, lower than the Iowa rate of 1.39%. The median household earns $104,375 a year, so the median home costs 1.3 times the median income (2.8 times for Iowa). 96% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
Saint Lucas at a glance
| Saint Lucas | Iowa | U.S. | |
|---|---|---|---|
| Median home value | $134,400 | $208,000 | $332,700 |
| Median property tax paid per year | $1,500 | $2,897 | $3,119 |
| Property tax as a share of value | 1.12% | 1.39% | 0.94% |
| Median household income | $104,375 | $75,059 | $80,734 |
| Homes lived in by their owners | 96% | 72% | 65% |
| Owner homes with a mortgage | 53% | 59% | 61% |
| Median monthly costs, owners with a mortgage | $986 | $1,533 | $1,963 |
| Those costs as a share of the owners' income | 18.3% | 18.7% | 21.0% |
| Median rent | – | $972 | $1,413 |
| Median year homes were built | 1958 | 1972 | 1980 |
| Vacant homes | 28.6% | 8.5% | 10.1% |
| Population | 154 | 3,210,507 | 334,922,499 |
What a typical home costs per month in Saint Lucas
At this week's average 30-year rate of 7.11%, buying the median Saint Lucas home of $134,400 with 20% down costs about $905 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,129, 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 $38,774 for the 20%-down payment. That payment is 10% of the median Saint Lucas household income of $104,375; at that income and 20% down, the 28% guideline points to a home of about $362,000.
| Down payment | $26,880 |
|---|---|
| Loan amount | $107,520 |
| Principal and interest | $723 |
| Property taxes (1.12% a year) | $125 |
| Homeowners insurance (our estimate, 0.5% a year) | $56 |
| PMI | $0 |
| Total per month | $905 |
Change the numbers in the calculator
| Down payment | $4,704 |
|---|---|
| Loan amount | $131,966 |
| Principal and interest | $888 |
| Property taxes (1.12% a year) | $125 |
| Homeowners insurance (our estimate, 0.5% a year) | $56 |
| FHA mortgage insurance | $59 |
| Total per month | $1,129 |
Change the numbers in the calculator
Questions about home buying in Saint Lucas
What is the median home value in Saint Lucas?
About $134,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Saint Lucas?
Homeowners pay a median $1,500 a year, which is about 1.12% 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 Saint Lucas?
For the median home with 20% down at 7.11%, the payment is about $905 a month. Keeping that under 28% of gross income takes about $38,774 a year.
More about Saint Lucas
- Mortgage Refinance in Saint Lucas
- Debt Relief in Saint Lucas
- Home Equity Loans in Saint Lucas
- 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