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Shannon City, IA

Full City Profile · Iowa · Ringgold County County

3.3 /5.0
B Good
113 Population 276/sq mi density
$90,139 Median Income $20,686 per capita
$45,000 Home Value $119,194 Zillow
49°F Avg Temperature 275 sunny days/yr
266 Violent Crime/100K 1,872 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$90,139 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$45,000 home value, /mo rent
F
Safety
1.0 / 5.0
266 violent crimes/100K
C+
Education
2.6 / 5.0
19.7% bachelor's degree or higher

Housing Overview

Median Home Value
$45,000
84% below
US avg: $281,900
Homeownership Rate
80.6%
23% above US avg (65.4%)
Total Housing Units
38
Median year built: 1951

Home Value by Source

Census Median
$45,000
Zillow (ZHVI)
$119,194
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.6%
Owner-Occupied
19.4%
Renter-Occupied
81%
19%
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
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
80.6%

Complete Housing Data

Home Values

Census Median Value$45,000
Zillow Home Value (ZHVI)$119,194

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-Occupied80.6%
Renter-Occupied19.4%
Homeownership Rate80.6%
Total Housing Units38
Median Year Built1951
Rent Burden22.5%