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Mechanicsville, IA Real Estate


According to census data in the year 2000 there were 476 housing units in Mechanicsville. This represents a 9.9% growth from 433 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 476 were located in what is classified as a rural area.

Homeownership rate in Mechanicsville is about 79.8%. Mechanicsville's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Mechanicsville were built after 1946.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom12%
Two Bedrooms27.70%
Three Bedrooms45.60%
Four Bedrooms12%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1941
Median Value of occupied units$74,100
Median Price asked for vacant units$38,800

Rented Homes, Apartments and Condos

Average Household Size1.89
Median year structure was built1962
Median Monthly Rent asked for vacant units$300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan4.10%
Simple Mortgage53.80%
Debt Free38%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%