Paton, IA50217

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$194,000
5.0% YoY Growth
Median Household Income
$63,400
6.0% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Paton, IA

Paton, IA lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of HomesN/AN/A
Days on Market
N/AN/A
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Demographics — Paton, IA

As of the latest ACS Survey released in 2023, Paton, IA has a population of 474, which has decreased by -25.5% over the past 5 years. Paton, IA is a moderately popular place for families, as children make up 19.6% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
474-25.5%
% Under 18
19.6%-10.9%
% Seniors
18.6%77.1%
% WFH
12.3%846.2%
% w/ College Degree
13.4%-33.7%
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As of the latest ACS Survey released in 2023, Paton, IA is a predominantly white area, with 98.7% of the population identifying as white. The white population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in Paton, IA is asian, making up 1.3% of the population. Foreign-born residents account for 1.3% of the population in Paton, IA, and this percentage has decreased by 7.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
98.7%1.4%
% Black
0.0%N/A
% Hispanic
0.0%-100.0%
% Asian
1.3%-7.1%
% Foreign Born
1.3%-7.1%
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Mortgage and Risk — Paton, IA

Paton, IA lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Paton, IA

Paton, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$670
2 BedroomN/AN/A$880
3 BedroomN/AN/A$1,200
4 BedroomN/AN/A$1,420

Affordability — Paton, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.7
Median Home Price$194,000
Median Household Income$63,400

Paton, IA — ZIP Code Boundary Map

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Frequently Asked Questions