$66,398/yr
is the income needed to buy the typical $225,213 home in Sioux City, IA at today's 6.47% rate — about $1,549/mo. The local median household ($72,027) clears it.
The math (shown)
225,213 price − 10% down (22,521) = 202,692 loan
30-yr fixed at 6.47% on 202,692 = 1,277/mo principal+interest
+ 272/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
1,549/mo PITI ÷ 0.28 = 5,533/mo → 66,398/yr required
against Zillow ZHVI 2026-05 (Zillow ZHVI (typical home value, smoothed, all-homes 33–67pct tier)) and the 6.47% FRED 30-yr rate (2026-06-18). Local median income: $72,027 (U.S. Census Bureau ACS 2023 5-year, median household income (table B19013)).
Can I afford Sioux City, IA on my salary?
Your salary:
Rent vs own here
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FAQ
How much do I need to make to live in Sioux City, IA?
To buy the typical home, about $66,398/yr. Renting needs less; this page sizes the buy.
What home value is this based on?
Zillow's ZHVI typical-home-value for the Sioux City, IA-NE-SD metro (2026-05): $225,213.
Is the mortgage rate current?
Yes — 6.47% from FRED's weekly 30-year fixed average (2026-06-18).
Glossary
ZHVI
Zillow Home Value Index — the typical home value for a region (35th–65th percentile, smoothed, seasonally adjusted).
Front-end DTI
Housing payment as a share of gross income; lenders commonly cap it near 28%.
PITI
Principal, Interest, Taxes, and Insurance — the full monthly housing cost.