Wall Lake, IA Real Estate
According to census data in the year 2000 there were 331 housing units in Wall Lake.
This represents a 6.5% decline from 354 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 331 were located in what is classified as a rural area.
Homeownership rate in Wall Lake is about 86.7%.
Wall Lake's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Wall Lake were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.90% |
| Two Bedrooms | 28.10% |
| Three Bedrooms | 40.50% |
| Four Bedrooms | 18.70% |
| Five Bedrooms or more | 5.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $53,700 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.98 |
| Median year structure was built | 1943 |
| Median Monthly Rent asked for vacant units | $313 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.50% |
| Home Equity Loan | 2.30% |
| Simple Mortgage | 44.20% |
| Debt Free | 51.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.3% |
