Waterloo, IA Real Estate
According to census data in the year 2000 there were 29,479 housing units in Waterloo.
This represents a 1.6% growth from 29,023 in 1990.
Of those housing units, 28,378 were located in either urbanized areas or urban clusters, and 1,101 were located in what is classified as a rural area.
Homeownership rate in Waterloo is about 67.1%.
Waterloo's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Waterloo were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.60% |
| One Bedroom | 14% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 38.20% |
| Four Bedrooms | 9.20% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $65,400 |
| Median Price asked for vacant units | $61,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $351 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 8.70% |
| Simple Mortgage | 46.60% |
| Debt Free | 37.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
