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Iota, LA Real Estate


According to census data in the year 2000 there were 577 housing units in Iota. This represents a 9.5% growth from 527 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 577 were located in what is classified as a rural area.

Homeownership rate in Iota is about 70.1%. Iota's vacancy rate, including seasonal lodging, is about 10.1%. Average household size is 2.6 people.

The majority of houses, apartments or condos in Iota were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom9%
Two Bedrooms43.30%
Three Bedrooms41.40%
Four Bedrooms5.50%
Five Bedrooms or more0.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1964
Median Value of occupied units$46,000
Median Price asked for vacant units$46,700

Rented Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1977
Median Monthly Rent asked for vacant units$163

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan0.70%
Simple Mortgage32.70%
Debt Free63.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.5%