Oto, IA Real Estate
According to census data in the year 2000 there were 67 housing units in Oto.
This represents a 2.9% decline from 69 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.
Homeownership rate in Oto is about 56.6%.
Oto's vacancy rate, including seasonal lodging, is about 20.9%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Oto were built after 1941.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.90% |
| Two Bedrooms | 31.30% |
| Three Bedrooms | 31.30% |
| Four Bedrooms | 16.40% |
| Five Bedrooms or more | 9% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $33,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1944 |
| Median Monthly Rent asked for vacant units | $175 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 53.60% |
| Debt Free | 46.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
