Median home value is about $161,900 — about 53% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $670 (about 42% below the U.S. median rent ($1,163)), and owner-occupancy near 69.3% (about 3.9 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 50208 in Newton, IA, a household would need roughly $45,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,040. That sits below the local median household income ($61,064), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.