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There are 64 USDA backed residential loans in Taylor county with an average loan balance of $64,768. Over 76% of the loans helped first time home buyers. Borrowers were an average age of 35 years old. The typical appraised home value was around $66,579. On average the rural home size purchased with this loan was approximately 1,413 SqFt. Taylor county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Taylor County is roughly 1,385 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Taylor County is 9. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Taylor County, IA
* cities most likely to have USDA loan eligible properties for sale.
*Athelstan • *Bedford • *Blockton • Bushville • *Clearfield • *Conway • *Gravity • Guss • Ladoga • *Lenox • *New Market • Platteville • *Sharpsburg • Siam
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Taylor County.
Taylor County is located in the southwestern area of the great state of Iowa. Established on January 15, 1849, it was named in honor of General Zachary Taylor, an American military leader who went on to become the 12th President of the United States. The county was created from portions of Benton, Linn, Polk, and Jackson Counties. Bedford is the county seat of Taylor County, and the area encompasses roughly 535 square miles.
The region experienced significant growth in the late 19th century as railroads and improved transportation connected it to larger markets. Agriculture played a major role in the county's development, with corn, soybeans, and hogs being the primary agricultural products.
One fun fact about Taylor County is that they host the annual Southwest Iowa Barrel 'Bash' Festival. This unique event showcases competitive barrel racing, where horses and riders compete against the clock while navigating a complex series of turns. The festival also features various family-friendly activities, making it an exciting attraction for both locals and visitors alike.