Prairie City, IA Real Estate
According to census data in the year 2000 there were 567 housing units in Prairie City.
This represents a 7.8% growth from 526 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 567 were located in what is classified as a rural area.
Homeownership rate in Prairie City is about 76.1%.
Prairie City's vacancy rate, including seasonal lodging, is about 2.5%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Prairie City were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 6.50% |
| Two Bedrooms | 36.70% |
| Three Bedrooms | 43.40% |
| Four Bedrooms | 9.20% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $92,500 |
| Median Price asked for vacant units | $62,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.30% |
| Second Mortgage | 10.60% |
| Home Equity Loan | 9.10% |
| Simple Mortgage | 37.70% |
| Debt Free | 41.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
