St. Olaf, IA Real Estate
According to census data in the year 2000 there were 56 housing units in St. Olaf.
This represents a 12% growth from 50 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 56 were located in what is classified as a rural area.
Homeownership rate in St. Olaf is about 83.7%.
St. Olaf's vacancy rate, including seasonal lodging, is about 12.5%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in St. Olaf were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.60% |
| Two Bedrooms | 12.50% |
| Three Bedrooms | 62.50% |
| Four Bedrooms | 21.40% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $42,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.88 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.70% |
| Home Equity Loan | 0% |
| Simple Mortgage | 51.40% |
| Debt Free | 42.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.2% |
