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Russell, IA
Full City Profile · Iowa · Wayne County County
2.9
/5.0
C+
Fair
551
Population
535/sq mi density
$50,750
Median Income
$28,502 per capita
$60,400
Home Value
$161,204 Zillow
$775
Median Rent
27.3% income on rent
50°F
Avg Temperature
275 sunny days/yr
236
Violent Crime/100K
2,973 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$50,750 median income, 0.4% unemployment
A+
Affordability
5.0 / 5.0
$60,400 home value, $775/mo rent
F
Safety
1.0 / 5.0
236 violent crimes/100K
F
Education
1.4 / 5.0
5.1% bachelor's degree or higher
Housing Overview
Median Home Value
$60,400
79% below
US avg: $281,900
Median Rent
$775/mo
33% below
US avg: $1,163/mo
Homeownership Rate
90.8%
39% above US avg (65.4%)
Total Housing Units
341
Median year built: 1938
Home Value by Source
Census Median
$60,400
Zillow (ZHVI)
$161,204
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.8%
Owner-Occupied
9.2%
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:
$775/mo
Affordability & Housing Stock
Rent Burden
27.3%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
90.8%
Complete Housing Data
Home Values
| Census Median Value | $60,400 |
| Zillow Home Value (ZHVI) | $161,204 |
Rent
| Census Median Rent | $775 |
| 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 | 90.8% |
| Renter-Occupied | 9.2% |
| Homeownership Rate | 90.8% |
| Total Housing Units | 341 |
| Median Year Built | 1938 |
| Rent Burden | 27.3% |