Correctionville, IA Real Estate
According to census data in the year 2000 there were 403 housing units in Correctionville.
This represents a 7.5% growth from 375 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 403 were located in what is classified as a rural area.
Homeownership rate in Correctionville is about 78.8%.
Correctionville's vacancy rate, including seasonal lodging, is about 15.6%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Correctionville were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.70% |
| Two Bedrooms | 37.70% |
| Three Bedrooms | 34.70% |
| Four Bedrooms | 11.20% |
| Five Bedrooms or more | 4.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $50,800 |
| Median Price asked for vacant units | $41,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1941 |
| Median Monthly Rent asked for vacant units | $238 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.10% |
| Home Equity Loan | 0.90% |
| Simple Mortgage | 31.20% |
| Debt Free | 65.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.7% |
