Marion, IA Real Estate
According to census data in the year 2000 there were 10,977 housing units in Marion.
This represents a 37.2% growth from 7,998 in 1990.
Of those housing units, 10,785 were located in either urbanized areas or urban clusters, and 192 were located in what is classified as a rural area.
Homeownership rate in Marion is about 78.1%.
Marion's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Marion were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 10.90% |
| Two Bedrooms | 23.30% |
| Three Bedrooms | 50% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $105,200 |
| Median Price asked for vacant units | $156,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.73 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $346 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 9.10% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 53.30% |
| Debt Free | 27.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
