Larchwood, IA Real Estate
According to census data in the year 2000 there were 345 housing units in Larchwood.
This represents a 24.1% growth from 278 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 345 were located in what is classified as a rural area.
Homeownership rate in Larchwood is about 84.9%.
Larchwood's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Larchwood were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 5.80% |
| Two Bedrooms | 29.90% |
| Three Bedrooms | 39.40% |
| Four Bedrooms | 20.60% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $79,900 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $295 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 46% |
| Debt Free | 39.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
