Colo, IA Real Estate
According to census data in the year 2000 there were 354 housing units in Colo.
This represents a 16.1% growth from 305 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 354 were located in what is classified as a rural area.
Homeownership rate in Colo is about 81.7%.
Colo's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Colo were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 8.20% |
| Two Bedrooms | 22% |
| Three Bedrooms | 41.50% |
| Four Bedrooms | 18.90% |
| Five Bedrooms or more | 8.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $72,200 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $332 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 6.50% |
| Simple Mortgage | 50.20% |
| Debt Free | 36% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
