Paton, IA Real Estate
According to census data in the year 2000 there were 130 housing units in Paton.
This represents a 6.5% decline from 139 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 130 were located in what is classified as a rural area.
Homeownership rate in Paton is about 88.2%.
Paton's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Paton were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.90% |
| Two Bedrooms | 30% |
| Three Bedrooms | 39.20% |
| Four Bedrooms | 20.80% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1941 |
| Median Value of occupied units | $32,900 |
| Median Price asked for vacant units | $20,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1963 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 4.20% |
| Simple Mortgage | 34.40% |
| Debt Free | 55.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13% |
