Milo, IA Real Estate
According to census data in the year 2000 there were 326 housing units in Milo.
This represents a 1.2% growth from 322 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 326 were located in what is classified as a rural area.
Homeownership rate in Milo is about 82.6%.
Milo's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 2.73 people.
The majority of houses, apartments or condos in Milo were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.10% |
| Two Bedrooms | 26.40% |
| Three Bedrooms | 48.20% |
| Four Bedrooms | 15.30% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $78,600 |
| Median Price asked for vacant units | $104,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $100 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 0% |
| Simple Mortgage | 56.50% |
| Debt Free | 37% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.9% |
