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Affordable
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These days, finding an affordable place to live in the Thornton area can be challenging. Home prices in Thornton are now at a median cost of $117,102, lower than the Iowa average of $226,062.
The average cost of rent is $704/mo in Thornton, primarily driven by the current value of real estate in the Thornton area. In Thornton, 16.40% of households rent, and 43.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thornton is $5,215 per month. Households that rent pay about 13.50% of their income on rent here. Thornton’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Swaledale, IA: higher priced homes
- Meservey, IA: equally priced homes
- Sheffield, IA: higher priced homes
- Alexander, IA: equally priced homes
- Rockwell, IA: higher priced homes
- Klemme, IA: less expensive homes
- Chapin, IA: higher priced homes
- Latimer, IA: higher priced homes
- Goodell, IA: equally priced homes
- Belmond, IA: higher priced homes
Cities with Similar Populations
- Velvet Ridge, AR: less expensive homes
- Wetmore, KS: higher priced homes
- West Waldoboro, ME: higher priced homes
- Webster Lake, NH: higher priced homes
- Waynesburg, IN: higher priced homes
- Wallingford, IA: higher priced homes
- Vienna, LA: higher priced homes
- Vesuvius, VA: higher priced homes
- Vesta, MN: higher priced homes
- Vermont, IN: higher priced homes
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