Monroe, IA Real Estate
According to census data in the year 2000 there were 793 housing units in Monroe.
This represents a 8.6% growth from 730 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 793 were located in what is classified as a rural area.
Homeownership rate in Monroe is about 77.9%.
Monroe's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Monroe were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 8.40% |
| Two Bedrooms | 31.80% |
| Three Bedrooms | 44.10% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $75,700 |
| Median Price asked for vacant units | $62,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $338 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.10% |
| Home Equity Loan | 7.90% |
| Simple Mortgage | 43.70% |
| Debt Free | 44.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
