Toledo, IA Real Estate
According to census data in the year 2000 there were 1,061 housing units in Toledo.
This represents a 7.7% growth from 985 in 1990.
Of those housing units, 985 were located in either urbanized areas or urban clusters, and 76 were located in what is classified as a rural area.
Homeownership rate in Toledo is about 65.2%.
Toledo's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Toledo were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 18.60% |
| Two Bedrooms | 26.10% |
| Three Bedrooms | 39.20% |
| Four Bedrooms | 13.70% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $61,900 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1943 |
| Median Monthly Rent asked for vacant units | $235 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 10.30% |
| Simple Mortgage | 42.50% |
| Debt Free | 44.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
