Carter Lake, IA Real Estate
According to census data in the year 2000 there were 1,292 housing units in Carter Lake.
This represents a 12.4% growth from 1,149 in 1990.
Of those housing units, 1,292 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Carter Lake is about 86.7%.
Carter Lake's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Carter Lake were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0.50% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 56.60% |
| Four Bedrooms | 9.80% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $70,400 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.25 |
| Median year structure was built | 1966 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 19.30% |
| Home Equity Loan | 3% |
| Simple Mortgage | 45% |
| Debt Free | 32.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
