Counties / Iowa / Jasper County

Jasper County, IA

FIPS 19099 · population 37,954 · part of Des Moines, IA

$236k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$236k
▲ 5.8% year over year
Zillow ZHVI · direct
Median asking rent
$1,007
n/a year over year
Zillow ZORI · direct
Gross yield
5.1%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,008
market rent is 1.00x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+47.3%not annualized · through 2025
0%ZILLOW ZHVI2026-06+5.8%FHFA HPI2025+0.6%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$186k
Surveyed gross rent$836
Rent burden 30%+46.9%
Median year built1965
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
7.6%vacant
16,249estimated housing units
Occupied tenure27.7% renter
owner 72.4%renter 27.7%
Structure mix79.6% single-family
Single-family 79.6%20+ units 4.6%Mobile home 3.0%Other 12.8%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs10,686▲ 2.2% from the prior annual release
Covered establishments974annual average reporting locations
Average weekly wage$1,001▲ 4.3% from the prior annual release
Largest private supersectorTrade, transportation, and utilities23.9% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+2.2%WEEKLY WAGE+4.3%Trade, transportation, and utilities23.9%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Jasper County presents a yield-versus-exit-liquidity tension: investors able to verify property-level flood exposure and operating costs should investigate, while buyers relying on a quick resale should be cautious. Zillow’s 2026-06 county observation reports a $236,252 median home value, $1,007 monthly median asking rent, and a published 5.11% gross yield before costs. That is an income screen based on measured market rent, not a net-return conclusion.

02Housing economics

HUD’s two-bedroom Fair Market Rent is a payment standard, not an asking-rent estimate; it cannot be substituted for market rent or used to derive yield. The stated effective property-tax burden is a carrying-cost check against the price and gross-yield screen. Zillow’s county value measure rose 5.84%, while FHFA’s repeat-transaction HPI rose 0.60% in 2025 and 47.28% cumulatively over its supplied five-year measure. These are different methods and observation vintages, not a common growth interval, and should not be averaged.

03Demand & competition

Realtor.com’s 2026-06 MLS evidence shows 164 active listings, up 46.64%, and it also records price reductions. These figures describe visible asking supply and seller concessions, not closed-sale prices or proof of buyer demand. The 2025 annual QCEW county workplace data show covered employment and average weekly wages increased; Trade, transportation, and utilities is the largest disclosed private supersector, rather than a description of the entire economy. This employment evidence is not resident employment or an unemployment measure.

04Risk & next checks

Tax-return movers were modestly net positive and arrivals had higher average AGI than departures, but this does not establish tenant demand. Non-occupants accounted for 44 of 494 purchase mortgages, or 8.91%, so investor competition is present but not the dominant observed buyer channel. The modeled annual climate-loss ratio is 0.10%, consistent with inland-flood exposure, but it is not a property-specific insurance or damage estimate. Missing vacancy, operating-expense, insurance-premium, flood-zone/elevation, lease, and closed-sale evidence prevents underwriting net yield, resilient carrying costs, and exit value.

Cities & communities

Where people live within Jasper County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Newton city15.7KMitchellville city*2.6KColfax city2.2KMonroe city2.1KPrairie City city1.7KBaxter city1.2KSully city1KKellogg city676
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

14 Census places

Population
  1. 01
    Newton cityIncorporated place
    15,700
  2. 02
    Mitchellville cityIncorporated place · spans 2 counties
    2,579
  3. 03
    Colfax cityIncorporated place
    2,210
  4. 04
    Monroe cityIncorporated place
    2,120
  5. 05
    Prairie City cityIncorporated place
    1,711
  6. 06
    Baxter cityIncorporated place
    1,247
  7. 07
    Sully cityIncorporated place
    1,022
  8. 08
    Kellogg cityIncorporated place
    676
  9. 09
    Lynnville cityIncorporated place
    527
  10. 10
    Mingo cityIncorporated place
    328
  11. 11
    Oakland Acres cityIncorporated place
    191
  12. 12
    Lambs Grove cityIncorporated place
    181
Show 2 more places
  1. 13
    Reasnor cityIncorporated place
    152
  2. 14
    Valeria cityIncorporated place
    43

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.103% of building value expected lost per year

Effective property tax1.41%

$2,633 median annual bill

02
DemandIRS SOI household flows
Net migration+15

973 in · 958 out

Arriving vs leaving income+$426

$51,777 arriving · $51,351 leaving

03
CompetitionHMDA financed purchases
Purchases by investors8.9%

44 of 494 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings164▲ 46.6% year over year
Median days on market58▲ 12.8% year over year
Listings price-reduced23.6%seller-concession signal
Median listing pricen/a▲ 3.2% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Same metro

The other counties in Des Moines, IA

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Jasper County37,954$236k$1,0075.1%inland flooding
Polk County503,175$284k$1,2595.3%inland flooding
Dallas County107,968$356k$1,5465.2%inland flooding
Warren County54,409$327k$1,1894.4%inland flooding
Madison County16,926$345kn/an/ainland flooding
Guthrie County10,688$281kn/an/ainland flooding
Bear case

What can break the county thesis

  1. Property-specific flood exposure, insurance premiums, and repair costs could overwhelm the gross-yield screen.
  2. Expanded visible listing supply and seller concessions could weaken a resale or disposition assumption.
  3. County-level rent and value measures may not represent the subject property’s achievable rent, condition, or expenses.
Underwriting questions

Before pricing a property

What does the published gross yield represent?

Annual market rent before operating costs, taxes, insurance, vacancy, financing, or repairs.

Does HUD Fair Market Rent establish local asking rent?

No. It is a two-bedroom payment standard and cannot be used to calculate market rent or gross yield.

What does the FHFA HPI measure?

A repeat-transaction appreciation index, not a dollar home value or a Zillow-equivalent price measure.