New Iberia, LA Real Estate
According to census data in the year 2000 there were 12,915 housing units in New Iberia.
This represents a 3.9% growth from 12,426 in 1990.
Of those housing units, 12,840 were located in either urbanized areas or urban clusters, and 75 were located in what is classified as a rural area.
Homeownership rate in New Iberia is about 62.1%.
New Iberia's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in New Iberia were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 12.60% |
| Two Bedrooms | 33.30% |
| Three Bedrooms | 42.50% |
| Four Bedrooms | 8.10% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $70,800 |
| Median Price asked for vacant units | $34,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $355 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 4.10% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 39.50% |
| Debt Free | 51.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
