Oakland, IA Real Estate
According to census data in the year 2000 there were 637 housing units in Oakland.
This represents a 1.4% decline from 646 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 637 were located in what is classified as a rural area.
Homeownership rate in Oakland is about 80.4%.
Oakland's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Oakland were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 9.30% |
| Two Bedrooms | 36.90% |
| Three Bedrooms | 37% |
| Four Bedrooms | 13.50% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $76,800 |
| Median Price asked for vacant units | $63,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $427 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 42.70% |
| Debt Free | 50.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
