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Hedrick, IA
Full City Profile · Iowa · Wapello County County
3.0
/5.0
B
Good
826
Population
529/sq mi density
$63,750
Median Income
$25,774 per capita
$75,900
Home Value
$84,874 Zillow
$581
Median Rent
30.0% income on rent
51°F
Avg Temperature
275 sunny days/yr
290
Violent Crime/100K
4,328 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$63,750 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$75,900 home value, $581/mo rent
F
Safety
1.0 / 5.0
290 violent crimes/100K
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher
Housing Overview
Median Home Value
$75,900
73% below
US avg: $281,900
Median Rent
$581/mo
50% below
US avg: $1,163/mo
Homeownership Rate
72.8%
11% above US avg (65.4%)
Total Housing Units
309
Median year built: 1948
Home Value by Source
Census Median
$75,900
Zillow (ZHVI)
$84,874
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.8%
Owner-Occupied
27.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$581/mo
Affordability & Housing Stock
Rent Burden
30.0%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
72.8%
Complete Housing Data
Home Values
| Census Median Value | $75,900 |
| Zillow Home Value (ZHVI) | $84,874 |
Rent
| Census Median Rent | $581 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 72.8% |
| Renter-Occupied | 27.2% |
| Homeownership Rate | 72.8% |
| Total Housing Units | 309 |
| Median Year Built | 1948 |
| Rent Burden | 30.0% |