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Hiawatha, IA Real Estate


According to census data in the year 2000 there were 2,967 housing units in Hiawatha. This represents a 35.5% growth from 2,189 in 1990.

Of those housing units, 2,940 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.

Homeownership rate in Hiawatha is about 60.9%. Hiawatha's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Hiawatha were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom12.30%
Two Bedrooms37.80%
Three Bedrooms36.50%
Four Bedrooms8.90%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1978
Median Value of occupied units$112,000
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.74
Median year structure was built1976
Median Monthly Rent asked for vacant units$520

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage4.90%
Home Equity Loan14.80%
Simple Mortgage55.60%
Debt Free23.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%