Keokuk Listed in Top 10 Most Affordable Cities

Lee County was well-represented in a recent study done SmartAsset.com. The financial information site listed both of the county seats in southeast Iowa amongst Iowa’s top ten most affordable cities to live in. Fort Madison was listed as the 3rd most affordable city while Keokuk ranked 10th in the state. The site took into consideration average closing costs, property taxes, homeowners insurance rates, mortgage payments, and median income for its 2017 index. The average annual mortgage payment in Keokuk for example, is 3 thousand 138 dollars while the Iowa state average is just over 6 thousand dollars. In the 2016 SmartAsset affordability index, Fort Madison ranked 4th while Keokuk did not make the top 10 list.