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Frederika, IA Real Estate


According to census data in the year 2000 there were 133 housing units in Frederika. This represents a 17.7% growth from 113 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 133 were located in what is classified as a rural area.

Homeownership rate in Frederika is about 76.5%. Frederika's vacancy rate, including seasonal lodging, is about 26.3%. Average household size is 2.1 people.

The majority of houses, apartments or condos in Frederika were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom12.80%
Two Bedrooms51.10%
Three Bedrooms26.30%
Four Bedrooms6%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1957
Median Value of occupied units$60,900

Rented Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1939
Median Monthly Rent asked for vacant units$99

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.20%
Home Equity Loan8.30%
Simple Mortgage23.60%
Debt Free63.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs10%