Traer, IA
Full City Profile · Iowa · Tama County County
4.3
/5.0
A
Great
1,464
Population
1,135/sq mi density
$79,653
Median Income
$39,590 per capita
$131,900
Home Value
$178,858 Zillow
$1,016
Median Rent
28.4% income on rent
47°F
Avg Temperature
A
Overall
4.3 / 5.0
Strong
A
Economy
4.4 / 5.0
$79,653 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$131,900 home value, $1,016/mo rent
B
Education
3.4 / 5.0
29.4% bachelor's degree or higher
Housing Overview
Median Home Value
$131,900
53% below
US avg: $281,900
Median Rent
$1,016/mo
13% below
US avg: $1,163/mo
Homeownership Rate
73.3%
12% above US avg (65.4%)
Total Housing Units
708
Median year built: 1948
Home Value by Source
Census Median
$131,900
Zillow (ZHVI)
$178,858
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.3%
Owner-Occupied
26.7%
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:
$1,016/mo
Affordability & Housing Stock
Rent Burden
28.4%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
73.3%
Complete Housing Data
Home Values
| Census Median Value | $131,900 |
| Zillow Home Value (ZHVI) | $178,858 |
Rent
| Census Median Rent | $1,016 |
| 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 | 73.3% |
| Renter-Occupied | 26.7% |
| Homeownership Rate | 73.3% |
| Total Housing Units | 708 |
| Median Year Built | 1948 |
| Rent Burden | 28.4% |