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Buying a home in Anthon, Iowa

The typical owner-occupied home in Anthon is worth about $101,400, 51% below the Iowa median of $208,000 and 70% below the national median of $332,700. Owners pay a median $1,304 a year in property taxes, about 1.29% of their home's value, lower than the Iowa rate of 1.39%. The median household earns $51,250 a year, so the median home costs 2.0 times the median income (2.8 times for Iowa). 86% of occupied homes here are lived in by their owners, and 36% of those owners still have a mortgage.

Anthon at a glance

Anthon Iowa U.S.
Median home value $101,400 $208,000 $332,700
Median property tax paid per year $1,304 $2,897 $3,119
Property tax as a share of value 1.29% 1.39% 0.94%
Median household income $51,250 $75,059 $80,734
Homes lived in by their owners 86% 72% 65%
Owner homes with a mortgage 36% 59% 61%
Median monthly costs, owners with a mortgage $1,125 $1,533 $1,963
Those costs as a share of the owners' income 23.9% 18.7% 21.0%
Median rent $1,069 $972 $1,413
Rent as a share of renters' income 34.3% 27.4% 30.6%
Median year homes were built 1953 1972 1980
Vacant homes 20.8% 8.5% 10.1%
Population 514 3,210,507 334,922,499

What a typical home costs per month in Anthon

At this week's average 30-year rate of 7.11%, buying the median Anthon home of $101,400 with 20% down costs about $697 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $866, 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 $29,870 for the 20%-down payment. That payment is 16% of the median Anthon household income of $51,250; at that income and 20% down, the 28% guideline points to a home of about $174,000.

The median rent here is $1,069 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$20,280
Loan amount$81,120
Principal and interest$546
Property taxes (1.29% a year)$109
Homeowners insurance (our estimate, 0.5% a year)$42
PMI$0
Total per month$697

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3.5% down, 30-year FHA loan
Down payment$3,549
Loan amount$99,563
Principal and interest$670
Property taxes (1.29% a year)$109
Homeowners insurance (our estimate, 0.5% a year)$42
FHA mortgage insurance$45
Total per month$866

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Questions about home buying in Anthon

What is the median home value in Anthon?

About $101,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Anthon?

Homeowners pay a median $1,304 a year, which is about 1.29% 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 Anthon?

For the median home with 20% down at 7.11%, the payment is about $697 a month. Keeping that under 28% of gross income takes about $29,870 a year.

More about Anthon

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