Monticello, IA Real Estate
According to census data in the year 2000 there were 1,623 housing units in Monticello.
This represents a 6.1% growth from 1,529 in 1990.
Of those housing units, 1,451 were located in either urbanized areas or urban clusters, and 172 were located in what is classified as a rural area.
Homeownership rate in Monticello is about 68.5%.
Monticello's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Monticello were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.40% |
| Two Bedrooms | 32.70% |
| Three Bedrooms | 38.10% |
| Four Bedrooms | 13.70% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $78,200 |
| Median Price asked for vacant units | $57,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.11 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $175 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 43.30% |
| Debt Free | 48.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
