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Luzerne, IA

Full City Profile · Iowa · Iowa County County

3.3 /5.0
B Good
140 Population 1,077/sq mi density
$95,000 Median Income $36,351 per capita
$59,000 Home Value $332,321 Zillow
48°F Avg Temperature 275 sunny days/yr
199 Violent Crime/100K 239 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$95,000 median income, 0.8% unemployment
A+
Affordability
5.0 / 5.0
$59,000 home value, /mo rent
F
Safety
1.0 / 5.0
199 violent crimes/100K
C
Education
2.3 / 5.0
16.5% bachelor's degree or higher

Housing Overview

Median Home Value
$59,000
79% below
US avg: $281,900
Homeownership Rate
84.2%
29% above US avg (65.4%)
Total Housing Units
48
Median year built: 1938

Home Value by Source

Census Median
$59,000
Zillow (ZHVI)
$332,321
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.2%
Owner-Occupied
15.8%
Renter-Occupied
84%
16%
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

Affordability & Housing Stock

Rent Burden
20.5%
of renters spending 30%+ of income on housing
34% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
84.2%

Complete Housing Data

Home Values

Census Median Value$59,000
Zillow Home Value (ZHVI)$332,321

Rent

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-Occupied84.2%
Renter-Occupied15.8%
Homeownership Rate84.2%
Total Housing Units48
Median Year Built1938
Rent Burden20.5%