Wayland, IA Real Estate
According to census data in the year 2000 there were 383 housing units in Wayland.
This represents a 13.3% growth from 338 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 383 were located in what is classified as a rural area.
Homeownership rate in Wayland is about 75.2%.
Wayland's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Wayland were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.70% |
| Two Bedrooms | 23.20% |
| Three Bedrooms | 37.30% |
| Four Bedrooms | 21.10% |
| Five Bedrooms or more | 6.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $65,000 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 3.60% |
| Simple Mortgage | 49.60% |
| Debt Free | 41.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.2% |
