Morrison, IA Real Estate
According to census data in the year 2000 there were 46 housing units in Morrison.
This represents a 4.5% growth from 44 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.
Homeownership rate in Morrison is about 93%.
Morrison's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Morrison were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.30% |
| One Bedroom | 0% |
| Two Bedrooms | 30.40% |
| Three Bedrooms | 58.70% |
| Four Bedrooms | 6.50% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $36,000 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 0.67 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.80% |
| Home Equity Loan | 0% |
| Simple Mortgage | 32.40% |
| Debt Free | 55.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
