Promise City, IA Real Estate
According to census data in the year 2000 there were 67 housing units in Promise City.
This represents a 0% decline from 67 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 Promise City is about 92.2%.
Promise City's vacancy rate, including seasonal lodging, is about 23.9%.
Average household size is 2.02 people.
The majority of houses, apartments or condos in Promise City were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 10.40% |
| Two Bedrooms | 44.80% |
| Three Bedrooms | 29.90% |
| Four Bedrooms | 14.90% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $22,900 |
| Median Price asked for vacant units | $22,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.25 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 28.60% |
| Debt Free | 71.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
