Grimes, IA Real Estate
According to census data in the year 2000 there were 1,939 housing units in Grimes.
This represents a 92.9% growth from 1,005 in 1990.
Of those housing units, 1,919 were located in either urbanized areas or urban clusters, and 20 were located in what is classified as a rural area.
Homeownership rate in Grimes is about 80.7%.
Grimes's vacancy rate, including seasonal lodging, is about 2.5%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Grimes were built after 1991.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 7.30% |
| Two Bedrooms | 19% |
| Three Bedrooms | 55.80% |
| Four Bedrooms | 15.60% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1991 |
| Median Value of occupied units | $119,500 |
| Median Price asked for vacant units | $187,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.85 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $1,125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.10% |
| Home Equity Loan | 11.60% |
| Simple Mortgage | 67.60% |
| Debt Free | 10.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
