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Monmouth, IA Real Estate


According to census data in the year 2000 there were 74 housing units in Monmouth. This represents a 9.8% decline from 82 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 74 were located in what is classified as a rural area.

Homeownership rate in Monmouth is about 72.5%. Monmouth's vacancy rate, including seasonal lodging, is about 6.8%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Monmouth were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12.20%
Two Bedrooms43.20%
Three Bedrooms23%
Four Bedrooms18.90%
Five Bedrooms or more2.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1939
Median Value of occupied units$23,600
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1971

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan4.70%
Simple Mortgage51.20%
Debt Free44.20%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs14.2%