With $238,352 in issued loans, Iowa ranked 50th for the average amount of a VA home loan in 2022, according to figures provided by the Veteran Affairs Home Loans Index.
The average VA home loan amount in Iowa during the third quarter of the fiscal year 2023 was $264,964, a 8.8% increase over the previous quarter, according to the Veterans Affairs Home Loans Index.
Of the 3,179,090 citizens living in Iowa in 2021, 76.7% were old enough to vote, equating to 2,436,915 individuals, according to U.S. Census Bureau data obtained on Oct. 26.