B+

Janesville, IA

Source:

Affordability Score: 76/100

Population: 1,894 · 1 ZIP codes

The affordability dashboard for Janesville, IA aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 1,894 residents, then layers in county-level federal data to produce an overall grade of B+ (76/100). The headline inputs are median household income of $104,063, median home value of $314,200, median rent of $618 per month, and 28.3% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $978 per month (studio $674, 1BR $745, 3BR $1,290, 4BR $1,295). Department of Labor data lists infant center-based childcare at $8,283 per year, consuming 8% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Janesville, IA include income, rent, childcare. Unemployment currently reads 2.0% and poverty 3.1% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$104,063
Median household income
Education D
28.3%
Bachelor's degree or higher
Housing B-
3.0x
Home value $314,200 vs income
Commute N/A
N/A
Average commute time
Rent A+
$978/mo
2BR fair market rent (11% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare A-
$8,283/yr
Center-based infant care (8% of income)

Income & Employment

Median Income
$104,063
▲ 68% vs national
Per Capita Income
$50,811
Unemployment Rate
2.0%
Poverty Rate
3.1%

Housing

Median Home Value
$314,200
▲ 14% vs national
Median Rent
$618/mo
Owner Occupied
94.7%
2BR Fair Market Rent
$978/mo
▼ 18% vs national

Fair Market Rents by Bedroom

Studio
$674
1BR
$745
2BR
$978
3BR
$1,290
4BR
$1,295

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
28.3%
▼ 2 ppt vs national
High School+
49.0%
Median Age
46.8
Avg. Commute

Childcare Costs

Infant (Center)
$8,283/yr
8% of income
Toddler (Center)
$7,138/yr
Preschool (Center)
$7,138/yr
School-Age (Center)
$5,710/yr

What This Means

Janesville, IA receives an overall affordability grade of B+ (76/100), aggregated from 1 ZIP codes with a total population of 1,894. This area performs well in income and rent and childcare. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Janesville, IA affordable?
Janesville, IA receives an overall affordability grade of B+ (76/100) based on Census, HUD, FBI, and DOL data. Median household income is $104,063. Median home value is $314,200.
What is the cost of living in Janesville?
Key cost metrics: Median rent $618/mo. 2BR fair market rent $978/mo. Infant childcare $8,283/yr. Median home value $314,200.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →