Mt. Vernon, IA Real Estate
According to census data in the year 2000 there were 1,187 housing units in Mt. Vernon.
This represents a 14.9% growth from 1,033 in 1990.
Of those housing units, 1,100 were located in either urbanized areas or urban clusters, and 87 were located in what is classified as a rural area.
Homeownership rate in Mt. Vernon is about 77.2%.
Mt. Vernon's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Mt. Vernon were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 8.40% |
| Two Bedrooms | 22.10% |
| Three Bedrooms | 40.30% |
| Four Bedrooms | 23.90% |
| Five Bedrooms or more | 5% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $119,000 |
| Median Price asked for vacant units | $105,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.81 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $569 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 11.20% |
| Simple Mortgage | 55.80% |
| Debt Free | 25.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
