Grinnell, IA Real Estate
According to census data in the year 2000 there were 3,739 housing units in Grinnell.
This represents a 9.7% growth from 3,407 in 1990.
Of those housing units, 3,691 were located in either urbanized areas or urban clusters, and 48 were located in what is classified as a rural area.
Homeownership rate in Grinnell is about 65.4%.
Grinnell's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Grinnell were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 14.60% |
| Two Bedrooms | 33.90% |
| Three Bedrooms | 32.20% |
| Four Bedrooms | 15.30% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $88,200 |
| Median Price asked for vacant units | $95,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $400 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 9% |
| Simple Mortgage | 44.10% |
| Debt Free | 41.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
