Central City, IA Real Estate
According to census data in the year 2000 there were 510 housing units in Central City.
This represents a 8.3% growth from 471 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 510 were located in what is classified as a rural area.
Homeownership rate in Central City is about 75.8%.
Central City's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Central City were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 18.60% |
| Two Bedrooms | 23.70% |
| Three Bedrooms | 41.40% |
| Four Bedrooms | 15.50% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $78,400 |
| Median Price asked for vacant units | $67,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $142 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 5% |
| Simple Mortgage | 51.90% |
| Debt Free | 36.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
