Laurel, IA Real Estate
According to census data in the year 2000 there were 122 housing units in Laurel.
This represents a 5.2% growth from 116 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 122 were located in what is classified as a rural area.
Homeownership rate in Laurel is about 78.3%.
Laurel's vacancy rate, including seasonal lodging, is about 13.1%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Laurel were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 13.90% |
| Two Bedrooms | 27.90% |
| Three Bedrooms | 47.50% |
| Four Bedrooms | 9.80% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.86 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $55,000 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 2.90% |
| Simple Mortgage | 60% |
| Debt Free | 37.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
