Manchester, IA Real Estate
According to census data in the year 2000 there were 2,328 housing units in Manchester.
This represents a 10.8% growth from 2,102 in 1990.
Of those housing units, 2,212 were located in either urbanized areas or urban clusters, and 116 were located in what is classified as a rural area.
Homeownership rate in Manchester is about 70.8%.
Manchester's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Manchester were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 10.70% |
| Two Bedrooms | 27.40% |
| Three Bedrooms | 43.70% |
| Four Bedrooms | 16.70% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $75,400 |
| Median Price asked for vacant units | $85,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $315 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 44.40% |
| Debt Free | 41.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
