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Iola, WI Real Estate


According to census data in the year 2000 there were 629 housing units in Iola. This represents a 14.4% growth from 550 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 629 were located in what is classified as a rural area.

Homeownership rate in Iola is about 63.3%. Iola's vacancy rate, including seasonal lodging, is about 8.1%. Average household size is 2.14 people.

The majority of houses, apartments or condos in Iola were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12.40%
Two Bedrooms39.60%
Three Bedrooms33.50%
Four Bedrooms10.30%
Five Bedrooms or more4.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1956
Median Value of occupied units$79,800
Median Price asked for vacant units$47,500

Rented Homes, Apartments and Condos

Average Household Size1.48
Median year structure was built1978
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.90%
Home Equity Loan8.70%
Simple Mortgage40.40%
Debt Free49%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%