Housing costs in Sheldon?
A typical home costs
$163,500, which is 51.6% less expensive than the national average of
$338,100 and 16.1% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Sheldon costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 9.4% cheaper than the state average of
$930.
Can I afford Sheldon?
To live comfortably in Sheldon, Iowa, a minimum annual income of
$31,320 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Sheldon?
The cost of living in Sheldon, IA is quite reasonable compared to other parts of the country. The average home price is around $145,000 which makes it an attractive option for those looking for a more affordable place to settle down. The median household income is just over $50,000 and the unemployment rate is quite low at 2.9%. Furthermore, the local economy features a variety of industries such as manufacturing, agriculture, and healthcare which help provide steady employment opportunities for residents. As a result, Sheldon offers a great quality of life with plenty of job opportunities while still providing an affordable cost of living.