Dike, Iowa.
Typical home $298,539 (+1.5% in a year). Waterloo-Cedar Falls, IA metro.
to buy the typical home at today's mortgage rate — +$802 (+105%) since Jan 2020.
- 1 year
- Up $4,527 +2%
- $294,012$298,539 since Sep 2025
- 5 years
- Up $64,726 +28%
- $233,813$298,539 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Dike$1,567
- Iowa$1,242
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Dike, IA rose 1.5% over the past year — faster than the nation's +1.2%.
Living in Dike, Grundy County, Iowa
Dike is a city of 1,304 people in Grundy County. Half its households earn more than $91,146 a year and half less, against $87,205 across Grundy County; 5% of its people live below the poverty line. 89% of its homes are lived in by their owners and 11% are rented. Unemployment in Grundy County was 3.2% in August 2026, and the county had 1.6% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Dike is a small Iowa city where nearly everyone owns the home they live in, and household incomes run a little above the county's. Residents tend to hold a four-year degree more often than not, and the median age sits near the middle of the adult years. Winters are cold, with January the coldest month and a good deal of snow, while July brings warm days, and precipitation through the year is steady.
Work. Many residents work in schools, hospitals and social care, with manufacturing, shops, and banking, insurance and property also employing a good number. Across Grundy County, the largest workplaces include the Dike-New Hartford Comm School District, Grundy County MEM. Hospital and Green Products Company. The drive to work is fairly short, and some people work from home.
Things to do. The UNI-Dome, a stadium, is a short drive away. A longer drive brings you to Hartman Reserve Nature Center, a protected area, and to the Cedar Valley Arboretum & Botanic Gardens, a botanical garden. The Shell Rock River is also a longer drive away for time by the water.
Report a mistake
- 534households
- 42%of adults have a degree
- 5%below the poverty line
- 20 mintypical commute
- 10%work from home
What residents work in
Employed residents by industry, from the Census survey. Grundy County had 4,081 jobs in 2025, 1.6% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 26° and lows near 9°; warmest in July, with highs near 83° and lows near 62°. About 32 inches of snow and 37 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Grundy Ctr weather station, 10 miles away (NOAA).
Largest workplaces in Grundy County
- Peterson CotractorsOil field road construction534
- Dike-New Hartford Comm School DistrictSchool district140FTE
- Grundy County Mem. HospitalCritical access hospital130FTE
- Grundy Center Comm School DistrictSchool district117FTE
- Green Products CompanyRaw farm products merchant wholesalers102
- Gladbrook-Reinbeck Comm School DistrictSchool district94FTE
- Pioneer Hi-Bred International, Inc - Reinbeck SPSCSeed processing, post-harvest for propagation93
- BCLUW Comm School DistrictSchool district90FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 18 workplaces with 20 or more staff, 1,529 people in all across the county; Dike has one of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- DroughtRelatively high
- HailRelatively high
- Strong windRelatively high
- TornadoesRelatively high
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Dike’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Grundy County and the Waterloo-Cedar Falls, IA metro.
Dike home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Dike$298,539
- Iowa$236,623
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Dike8
Zip codes with a Dike address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Dike — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.