How much do homeowners pay a month in Armstrong, IA?
Homeowners with a mortgage in Armstrong, IA pay a median of $1,054 (±$120) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $494 (±$47).
44.6% of owned homes carry a mortgage.
In Armstrong, the median monthly cost with a mortgage went from $874 in 2015–2019 to $1,054 in 2020–2024 (+20.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,054 (±$120)
- Without a mortgage
- $494 (±$47)
- Owned with a mortgage
- 44.6%
Monthly owner costs in Armstrong
| Armstrong | Emmet County | Iowa | United States | |
|---|---|---|---|---|
| With a mortgage | $1,054 (±$120) | $1,074 (±$60) | $1,533 (±$9) | $1,963 |
| Without a mortgage | $494 (±$47) | $509 (±$23) | $616 (±$4) | $638 |
| Owned homes with a mortgage | 44.6% (±8.4 points) | 54.1% (±4.8 points) | 59.4% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $1,093 (±$229) | $1,680 (±$109) | $2,897 (±$13) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Armstrong, the median cost with a mortgage is not measurably different from Emmet County ($1,074).
It is also lower than in Iowa ($1,533).
It is lower than the national figure ($1,963).
In Emmet County, Armstrong ranks 1 of 6 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 642 of 890.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Armstrong have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $874 (±$62) | $1,054 (±$120) | +20.6% | No measurable change after inflation |
| Median real estate taxes | $875 (±$59) | $1,093 (±$229) | +24.9% | No measurable change after inflation |
| Median home value | $72,400 (±$8,731) | $90,500 (±$16,705) | +25.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Armstrong
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Armstrong | — | $1,054 (±$120) | — |
| Ringsted | 7.0 mi | $805 (±$74) | Lower |
| Dolliver | 8.1 mi | $857 (±$107) | Lower |
| Swea City | 8.7 mi | $850 (±$64) | Lower |
| Silver Lake Township | 11 mi | $1,854 (±$179) | Higher |
| Gruver | 11 mi | $1,000 (±$518) | Not measurably different |
| Tenhassen Township | 11 mi | $1,438 (±$570) | Not measurably different |
| Ceylon | 12 mi | $892 (±$75) | Lower |
| Fenton | 12 mi | $719 (±$83) | Lower |
Nearby places with a measurably lower figure: Ringsted, IA ($805), Dolliver, IA ($857), Swea City, IA ($850).
Nearby places with a measurably higher figure: Silver Lake Township, MN ($1,854).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Emmet County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Armstrong | $1,054 (±$120) |
| 2 | Estherville | $1,025 (±$84) |
| 3 | Gruver | $1,000 (±$518) |
| 4 | Wallingford | $858 (±$238) |
| 5 | Dolliver | $857 (±$107) |
| 6 | Ringsted | $805 (±$74) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Armstrong
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Armstrong beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Armstrong, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Armstrong, and send estimates and invoices from your phone.
Questions about Armstrong
What is the average mortgage payment in Armstrong?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Armstrong, IA is $1,054 (±$120) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Armstrong?
Owners without a mortgage in Armstrong pay a median of $494 (±$47) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Armstrong gone up?
In Armstrong, the median monthly cost with a mortgage went from $874 in 2015–2019 to $1,054 in 2020–2024 (+20.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Armstrong city, Iowa
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Armstrong city, Iowa
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Armstrong city, Iowa
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Armstrong city, Iowa
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Armstrong city, Iowa
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Armstrong city, Iowa (place:02935, in state:19).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Armstrong at a glance
- Income and affordability in Armstrong
- Home values in Armstrong
- Property taxes in Armstrong
- Types of homes in Armstrong
- Bedrooms in Armstrong
- Age of homes in Armstrong
- Heating fuel in Armstrong
- Commute and cars in Armstrong
- How long people stay in Armstrong
- Iowa landlord and tenant rules
- Housing across Emmet County
- Housing data for every place in Iowa