The typical owner-occupied home in Pacific Junction is worth about $149,100, 28% below the Iowa median of $208,000 and 55% below the national median of $332,700. Owners pay a median $1,663 a year in property taxes, about 1.12% of their home's value, lower than the Iowa rate of 1.39%. 94% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.
Pacific Junction at a glance
| Pacific Junction | Iowa | U.S. | |
|---|---|---|---|
| Median home value | $149,100 | $208,000 | $332,700 |
| Median property tax paid per year | $1,663 | $2,897 | $3,119 |
| Property tax as a share of value | 1.12% | 1.39% | 0.94% |
| Median household income | – | $75,059 | $80,734 |
| Homes lived in by their owners | 94% | 72% | 65% |
| Owner homes with a mortgage | 42% | 59% | 61% |
| Median monthly costs, owners with a mortgage | $1,054 | $1,533 | $1,963 |
| Those costs as a share of the owners' income | 36.3% | 18.7% | 21.0% |
| Median rent | – | $972 | $1,413 |
| Median year homes were built | 1962 | 1972 | 1980 |
| Vacant homes | 28.4% | 8.5% | 10.1% |
| Population | 150 | 3,210,507 | 334,922,499 |
What a typical home costs per month in Pacific Junction
At this week's average 30-year rate of 7.11%, buying the median Pacific Junction home of $149,100 with 20% down costs about $1,004 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,252, 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 $43,015 for the 20%-down payment.
| Down payment | $29,820 |
|---|---|
| Loan amount | $119,280 |
| Principal and interest | $802 |
| Property taxes (1.12% a year) | $139 |
| Homeowners insurance (our estimate, 0.5% a year) | $62 |
| PMI | $0 |
| Total per month | $1,004 |
Change the numbers in the calculator
| Down payment | $5,218 |
|---|---|
| Loan amount | $146,399 |
| Principal and interest | $985 |
| Property taxes (1.12% a year) | $139 |
| Homeowners insurance (our estimate, 0.5% a year) | $62 |
| FHA mortgage insurance | $66 |
| Total per month | $1,252 |
Change the numbers in the calculator
Questions about home buying in Pacific Junction
What is the median home value in Pacific Junction?
About $149,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pacific Junction?
Homeowners pay a median $1,663 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 Pacific Junction?
For the median home with 20% down at 7.11%, the payment is about $1,004 a month. Keeping that under 28% of gross income takes about $43,015 a year.
More about Pacific Junction
- Mortgage Refinance in Pacific Junction
- Debt Relief in Pacific Junction
- Home Equity Loans in Pacific Junction
- 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