Iron Gate, VA Real Estate
According to census data in the year 2000 there were 199 housing units in Iron Gate.
This represents a 1% decline from 201 in 1990.
Of those housing units, 189 were located in either urbanized areas or urban clusters, and 10 were located in what is classified as a rural area.
Homeownership rate in Iron Gate is about 85.6%.
Iron Gate's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Iron Gate were built after 1942.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 3.50% |
| Two Bedrooms | 26.10% |
| Three Bedrooms | 51.80% |
| Four Bedrooms | 13.10% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $41,800 |
| Median Price asked for vacant units | $62,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 2.80% |
| Simple Mortgage | 32.90% |
| Debt Free | 55.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
