Le Mars, IA

Very Low · 64

Iowa · Population 10,597 · Updated March 2026

$908
Median Rent / Month
$72,381
Median Income
$202,200
Median Home Value
$904
Owner Costs / Month

Affordability

How far your income goes in Le Mars

15.1%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Iowa

State-level tax rates that affect your costs

5.7%
Income Tax (Top Rate)
6.0%
Sales Tax
1.57%
Property Tax Rate

Estimated Annual Costs

$10,896
Annual Rent
$4,126
State Income Tax
$3,175
Property Tax (est.)

Cost of Living Overview

Le Mars is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 64 (where 100 equals the national median), Le Mars residents can expect to pay median rent of $908/month while earning a median household income of $72,381/year.

The median home value in Le Mars, IA is $202,200, with typical monthly owner costs around $904 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Iowa has a moderate income tax rate of 5.7%. Combined with a 6.0% sales tax rate and 1.57% effective property tax rate, the overall tax environment is a factor in the total cost of living in Le Mars.

Frequently Asked Questions

Common questions about living costs in Le Mars

What is the cost of living in Le Mars, IA?
The cost of living index in Le Mars, IA is 64 (US average = 100). Median monthly rent is $908, median household income is $72,381/year, and the median home value is $202,200.
Is Le Mars, IA affordable?
Yes, Le Mars is more affordable than the national average with a cost index of 64. The rent-to-income ratio is 15.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Le Mars, IA?
The median gross rent in Le Mars, IA is $908 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $10,896.
What is the median household income in Le Mars?
The median household income in Le Mars, IA is $72,381 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Iowa?
Iowa has a top income tax rate of 5.7%, a sales tax of 6.0%, and an effective property tax rate of 1.57%.