Pella, IA Real Estate
According to census data in the year 2000 there were 3,704 housing units in Pella.
This represents a 16.5% growth from 3,179 in 1990.
Of those housing units, 3,471 were located in either urbanized areas or urban clusters, and 233 were located in what is classified as a rural area.
Homeownership rate in Pella is about 67.3%.
Pella's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Pella were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.10% |
| One Bedroom | 10.40% |
| Two Bedrooms | 27.50% |
| Three Bedrooms | 39.60% |
| Four Bedrooms | 16.10% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $117,900 |
| Median Price asked for vacant units | $98,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.62 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $480 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 7.80% |
| Simple Mortgage | 50.70% |
| Debt Free | 37.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
