Latimer, IA Real Estate
According to census data in the year 2000 there were 214 housing units in Latimer.
This represents a 4.9% decline from 225 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 214 were located in what is classified as a rural area.
Homeownership rate in Latimer is about 78.4%.
Latimer's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Latimer were built after 1946.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.10% |
| Two Bedrooms | 37.90% |
| Three Bedrooms | 40.70% |
| Four Bedrooms | 7.50% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $40,000 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 35.30% |
| Debt Free | 60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
