Iowa Falls, IA Real Estate
According to census data in the year 2000 there were 2,367 housing units in Iowa Falls.
This represents a 1.4% decline from 2,400 in 1990.
Of those housing units, 2,239 were located in either urbanized areas or urban clusters, and 128 were located in what is classified as a rural area.
Homeownership rate in Iowa Falls is about 67.7%.
Iowa Falls's vacancy rate, including seasonal lodging, is about 8.1%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Iowa Falls were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 12.70% |
| Two Bedrooms | 26.80% |
| Three Bedrooms | 40% |
| Four Bedrooms | 15% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $64,000 |
| Median Price asked for vacant units | $54,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $294 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 1.80% |
| Simple Mortgage | 40.30% |
| Debt Free | 50.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
