Storm Lake, IA Real Estate
According to census data in the year 2000 there were 3,732 housing units in Storm Lake.
This represents a 4.9% growth from 3,557 in 1990.
Of those housing units, 3,692 were located in either urbanized areas or urban clusters, and 40 were located in what is classified as a rural area.
Homeownership rate in Storm Lake is about 63.6%.
Storm Lake's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Storm Lake were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 15.80% |
| Two Bedrooms | 30.80% |
| Three Bedrooms | 34.40% |
| Four Bedrooms | 15% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $71,300 |
| Median Price asked for vacant units | $37,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $264 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 6.60% |
| Simple Mortgage | 47.30% |
| Debt Free | 42.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15% |
