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
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 Market | 141 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 26.2% |
| Homes Sold | 4 |
| Active Inventory | 42 |
| Price Per Sq Ft | $243 |
Ownership & Stock
| Owner-Occupied | 90.0% |
| Renter-Occupied | 10.0% |
| Homeownership Rate | 90.0% |
| Total Housing Units | 2,059 |
| Median Year Built | 2005 |
| Rent Burden | 27.5% |
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