HousingHandbookReference data

U.S. ZIP Code · IA52340

Johnson County · Iowa City, IA

Typical home value

$344,381[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.1%
5-year / yr
+3.9%
10-year / yr
+3.4%

Relative price

vs U.S.
+21.2%
vs metro
+23.4%
vs state
+68.3%
ZIP 52340 location in IA
Location of ZIP 52340 in IA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 52340 is worth $344,381 — 23.4% above the Iowa City, IA median. Over the past year, values have risen 2.1%. Homes here rent for a typical $2,116 a month — a 7.4% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,116[2]
Gross yield
7.4%[2]
Cap rate
4.4%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.4%[3]
Typical annual tax
$4,911[3]

#Climate risk

FEMA National Risk Index ratings for Johnson County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Very Low
Winter weather
Relatively High

#Who lives here

Population
6,128[3]
Median household income
$98,393[3]

#Migration

Household moves in and out of Johnson County over a year, from IRS tax-return data.

Net migration
-486[5]
Moved in
4,938
Moved out
5,424

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
2
Middle
1
High
1
  • Clear Creek Amana High School

    High · Grades 9–12 · Clear Creek Amana Comm School District

    778 students

  • Clear Creek Amana Middle School

    Middle · Grades 6–8 · Clear Creek Amana Comm School District

    691 students

  • Tiffin Elementary

    Elementary · Grades PK–3 · Clear Creek Amana Comm School District

    413 students

  • Oak Hill Elementary

    Elementary · Grades 4–5 · Clear Creek Amana Comm School District

    396 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield7.4%
Net yield (after ~40% expenses)4.4%
Annual rent$25,388

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,741
Loan principal$275,505
Down payment$68,876
Total interest paid$351,391

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.15
Monthly cost to own$2,439
Monthly rent$2,116

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
0th percentile[1]
Rental yield
100th percentile[2]
Property tax
89th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 52340?
The typical home in 52340 is worth $344,381, based on the Zillow Home Value Index.
Are home values rising in 52340?
Home values in 52340 are up 2.1% over the past year, and up 3.9% a year over five years.
What is the typical rent in 52340?
A typical home in 52340 rents for about $2,116 a month, a gross rental yield of 7.4%.
What is the property tax rate in 52340?
The effective property tax rate in 52340 is 1.4% — roughly $4,911 a year on a typical home.
Who lives in 52340?
ZIP code 52340 has a population of 6,128 and a median household income of $98,393.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Riverside, IA

    Typical home
    $346,913
    Gross yield
  • Iowa City, IA

    Typical home
    $324,756
    Gross yield
    5.7%
  • Oxford, IA

    Typical home
    $369,313
    Gross yield
  • Kalona, IA

    Typical home
    $317,121
    Gross yield
  • North Liberty, IA

    Typical home
    $309,768
    Gross yield
    6.2%
  • Iowa City, IA

    Typical home
    $302,485
    Gross yield
    5.3%

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