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Traer, IA

Full City Profile · Iowa · Tama County County

3.5 /5.0
B+ Good
1,464 Population 1,135/sq mi density
$79,653 Median Income $39,590 per capita
$131,900 Home Value $172,512 Zillow
$1,016 Median Rent 28.4% income on rent
46°F Avg Temperature 260 sunny days/yr
398 Violent Crime/100K 2,034 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$79,653 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$131,900 home value, $1,016/mo rent
F
Safety
1.0 / 5.0
398 violent crimes/100K (5% above avg)
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)
$172,512
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.3%
Owner-Occupied
26.7%
Renter-Occupied
73%
27%
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)$172,512

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-Occupied73.3%
Renter-Occupied26.7%
Homeownership Rate73.3%
Total Housing Units708
Median Year Built1948
Rent Burden28.4%