Fairfield, IA Real Estate
According to census data in the year 2000 there were 4,437 housing units in Fairfield.
This represents a 8.6% growth from 4,087 in 1990.
Of those housing units, 4,347 were located in either urbanized areas or urban clusters, and 90 were located in what is classified as a rural area.
Homeownership rate in Fairfield is about 59.3%.
Fairfield's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Fairfield were built after 1958.
Statistics
Housing Size
Housing Units by Size |
| Studio Type | 1.10% |
| One Bedroom | 14.50% |
| Two Bedrooms | 34% |
| Three Bedrooms | 34.10% |
| Four Bedrooms | 12.10% |
| Five Bedrooms or more | 4.20% |
Owned Homes, Apartments and Condos
Average Household Size | 2.36 |
Median year structure was built | 1957 |
Median Value of occupied units | $73,200 |
Median Price asked for vacant units | $59,000 |
Rented Homes, Apartments and Condos
Average Household Size | 2 |
Median year structure was built | 1961 |
Median Monthly Rent asked for vacant units | $312 |
Owners Finance Status
Housing Finance |
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 2.80% |
| Simple Mortgage | 55.60% |
| Debt Free | 37% |
Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |