Albia, IA Real Estate
According to census data in the year 2000 there were 1,701 housing units in Albia.
This represents a 4% decline from 1,772 in 1990.
Of those housing units, 1,635 were located in either urbanized areas or urban clusters, and 66 were located in what is classified as a rural area.
Homeownership rate in Albia is about 71.1%.
Albia's vacancy rate, including seasonal lodging, is about 8.9%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Albia were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 9.30% |
| Two Bedrooms | 35% |
| Three Bedrooms | 41.40% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $54,400 |
| Median Price asked for vacant units | $53,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.82 |
| Median year structure was built | 1941 |
| Median Monthly Rent asked for vacant units | $286 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 1.10% |
| Simple Mortgage | 42% |
| Debt Free | 53.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
