Velda City, MO Real Estate
According to census data in the year 2000 there were 665 housing units in Velda City.
This represents a 4.1% growth from 639 in 1990.
Of those housing units, 665 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Velda City is about 70.1%.
Velda City's vacancy rate, including seasonal lodging, is about 10.1%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Velda City were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 13.80% |
| Two Bedrooms | 58.80% |
| Three Bedrooms | 20.80% |
| Four Bedrooms | 5.40% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $46,800 |
| Median Price asked for vacant units | $48,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $327 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.20% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 4.40% |
| Simple Mortgage | 51.60% |
| Debt Free | 33.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
