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Polk City, IA

Full City Profile · Iowa · Polk County County

3.9 /5.0
B+ Good
5,833 Population 1,049/sq mi density
$163,000 Median Income $56,787 per capita
$385,000 Home Value $419,774 Zillow
$746 Median Rent 27.5% income on rent
50°F Avg Temperature 275 sunny days/yr
20 Violent Crime/100K 499 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$163,000 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$385,000 home value, $746/mo rent
F
Safety
1.0 / 5.0
20 violent crimes/100K
A+
Education
4.8 / 5.0
47.2% bachelor's degree or higher

Housing Overview

Median Home Value
$385,000
37% above
US avg: $281,900
Median Rent
$746/mo
36% below
US avg: $1,163/mo
Homeownership Rate
90.0%
38% above US avg (65.4%)
Total Housing Units
2,059
Median year built: 2005

Home Value by Source

Census Median
$385,000
Zillow (ZHVI)
$419,774
Median Sale Price
$410,000
Median List Price
$419,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.0%
Owner-Occupied
10.0%
Renter-Occupied
90%
10%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,063/mo
1 Bedroom
$1,109/mo
2 Bedroom
$1,318/mo
3 Bedroom
$1,794/mo
4 Bedroom
$1,841/mo
Census median rent: $746/mo

Market Indicators (Redfin)

Median Days on Market
141 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
26.2%
of listings with price reduction
Price Per Sq Ft
$243
Active Inventory
42
homes for sale

Affordability & Housing Stock

Rent Burden
27.5%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
2005
Average age of housing stock: 21 years
Homeownership Rate
90.0%

Complete Housing Data

Home Values

Census Median Value$385,000
Zillow Home Value (ZHVI)$419,774
Median Sale Price$410,000
Median List Price$419,500
Price Per Sq Ft$243

Rent

Census Median Rent$746
FMR Studio$1,063
FMR 1-Bedroom$1,109
FMR 2-Bedroom$1,318
FMR 3-Bedroom$1,794
FMR 4-Bedroom$1,841

Market

Days on Market141
Sale-to-List Ratio1.0%
Price Drops26.2%
Homes Sold4
Active Inventory42
Price Per Sq Ft$243

Ownership & Stock

Owner-Occupied90.0%
Renter-Occupied10.0%
Homeownership Rate90.0%
Total Housing Units2,059
Median Year Built2005
Rent Burden27.5%