Home Affordability in 50010

Ames, IAStory County

The median home price in ZIP code 50010 (Ames) is $225,000 with a median household income of $45,000. The price-to-income ratio is 5.0x.

Median Home Price

$225,000

Median Income

$45,000

Price-to-Income

5.0x

Est. Affordable Home

$175,000

Property Tax Rate

1.48%

Annual Property Tax

$3,330

Cost of Living

90

Metro Area

Ames MSA

Down Payment Scenarios for ZIP 50010

Down PaymentAmountLoan AmountPMI
3%$6,750$218,250Yes
5%$11,250$213,750Yes
10%$22,500$202,500Yes
20%$45,000$180,000No

Get a Personalized Estimate

Use our Home Affordability Calculator with your actual income, debts, and down payment.

Calculate Now