The U.S. Department of Veterans Affairs (VA) issued 604 home loans totaling $154.2 million in Iowa during the first quarter of the fiscal year 2024, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA Purchase Loan amount for Iowa in the first quarter of fiscal year 2024 was $256,320, according to figures provided by the Veterans Affairs Home Loans Index.
The VA’s Interest Rate Reduction Refinance Loans in Iowa for the first quarter of the fiscal year 2024 averaged $301,000, according to figures provided by the Veterans Affairs Home Loans Index.
The third quarter of 2023 brought in $699 million in individual income tax revenue for Iowa, a 39.5% decrease from the second quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
As of March 2024, Iowa experienced an 18.9% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 19.4% increase.