The typical owner-occupied home in Imogene is worth about $49,200, 76% below the Iowa median of $208,000 and 85% below the national median of $332,700. Owners pay a median $875 a year in property taxes, about 1.78% of their home's value, higher than the Iowa rate of 1.39%. The median household earns $68,125 a year, so the median home costs 0.7 times the median income (2.8 times for Iowa). 88% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.
Imogene at a glance
| Imogene | Iowa | U.S. | |
|---|---|---|---|
| Median home value | $49,200 | $208,000 | $332,700 |
| Median property tax paid per year | $875 | $2,897 | $3,119 |
| Property tax as a share of value | 1.78% | 1.39% | 0.94% |
| Median household income | $68,125 | $75,059 | $80,734 |
| Homes lived in by their owners | 88% | 72% | 65% |
| Owner homes with a mortgage | 47% | 59% | 61% |
| Median monthly costs, owners with a mortgage | $950 | $1,533 | $1,963 |
| Those costs as a share of the owners' income | 19.2% | 18.7% | 21.0% |
| Median rent | – | $972 | $1,413 |
| Median year homes were built | 1938 | 1972 | 1980 |
| Vacant homes | 0.0% | 8.5% | 10.1% |
| Population | 49 | 3,210,507 | 334,922,499 |
What a typical home costs per month in Imogene
At this week's average 30-year rate of 7.11%, buying the median Imogene home of $49,200 with 20% down costs about $358 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $440, 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 $15,354 for the 20%-down payment. That payment is 6% of the median Imogene household income of $68,125; at that income and 20% down, the 28% guideline points to a home of about $218,000.
| Down payment | $9,840 |
|---|---|
| Loan amount | $39,360 |
| Principal and interest | $265 |
| Property taxes (1.78% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $20 |
| PMI | $0 |
| Total per month | $358 |
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| Down payment | $1,722 |
|---|---|
| Loan amount | $48,309 |
| Principal and interest | $325 |
| Property taxes (1.78% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $20 |
| FHA mortgage insurance | $22 |
| Total per month | $440 |
Change the numbers in the calculator
Questions about home buying in Imogene
What is the median home value in Imogene?
About $49,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Imogene?
Homeowners pay a median $875 a year, which is about 1.78% 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 Imogene?
For the median home with 20% down at 7.11%, the payment is about $358 a month. Keeping that under 28% of gross income takes about $15,354 a year.
More about Imogene
- Mortgage Refinance in Imogene
- Debt Relief in Imogene
- Home Equity Loans in Imogene
- 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