Altoona, IA Real Estate
According to census data in the year 2000 there were 3,949 housing units in Altoona.
This represents a 52.9% growth from 2,582 in 1990.
Of those housing units, 3,891 were located in either urbanized areas or urban clusters, and 58 were located in what is classified as a rural area.
Homeownership rate in Altoona is about 71%.
Altoona's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Altoona were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 7.50% |
| Two Bedrooms | 26.70% |
| Three Bedrooms | 47.40% |
| Four Bedrooms | 16.20% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $115,600 |
| Median Price asked for vacant units | $69,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.01 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $512 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 13.60% |
| Home Equity Loan | 8.60% |
| Simple Mortgage | 61.60% |
| Debt Free | 15.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.2% |
