Milton, IA Real Estate
According to census data in the year 2000 there were 240 housing units in Milton.
This represents a 2% decline from 245 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 240 were located in what is classified as a rural area.
Homeownership rate in Milton is about 83.1%.
Milton's vacancy rate, including seasonal lodging, is about 11.3%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Milton were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 9.20% |
| Two Bedrooms | 35.80% |
| Three Bedrooms | 35.80% |
| Four Bedrooms | 15% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $27,100 |
| Median Price asked for vacant units | $21,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 3.10% |
| Simple Mortgage | 42.60% |
| Debt Free | 54.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.7% |
