Boone, IA Real Estate
According to census data in the year 2000 there were 5,594 housing units in Boone.
This represents a 4.9% growth from 5,332 in 1990.
Of those housing units, 5,353 were located in either urbanized areas or urban clusters, and 241 were located in what is classified as a rural area.
Homeownership rate in Boone is about 70.1%.
Boone's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Boone were built after 1944.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 14.10% |
| Two Bedrooms | 38.30% |
| Three Bedrooms | 30.30% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $67,400 |
| Median Price asked for vacant units | $60,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $345 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 50.90% |
| Debt Free | 35% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
