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Marion city, IA

ZIP 52302 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 52302

Median Home Value
$232,900
Median Rent
$779
Affordability Snapshot
$64,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,496/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

24.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 52302 in Marion city, IA, a household would need roughly $64,000 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 $1,496. That sits below the local median household income ($87,463), 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.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
77.5%+18% vs US avg
x
Vacancy Rate
5.3%-49% vs US avg
x
Broadband Access
91.9%+6% vs US avg
x
4+ Bedrooms
7.7%-48% vs US avg
x
Built Pre-1939
0.9%-93% vs US avg
x
Built Post-2014
1.8%-74% vs US avg
x
Rent Burden >30%
23.0%-54% vs US avg
x
Mortgage-Free
33.9%-11% vs US avg
x
$232,900
Home Value
$779
Rent
1992
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached66.1%
  • 1-unit attached9.1%
  • 2-9 units9.3%
  • 10+ units11.3%
  • Mobile home & other4.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$232,900
Median rent$779
Owner-occupied77.5%
Vacant5.3%
Price-to-income2.7x
Est. income to buy$64,000