Forest City, IA Real Estate
According to census data in the year 2000 there were 1,794 housing units in Forest City.
This represents a 3.9% growth from 1,727 in 1990.
Of those housing units, 1,740 were located in either urbanized areas or urban clusters, and 54 were located in what is classified as a rural area.
Homeownership rate in Forest City is about 71.9%.
Forest City's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Forest City were built after 1962.
|Housing Units by Size|
|Five Bedrooms or more||4%|
Owned Homes, Apartments and Condos
|Average Household Size||2.45|
|Median year structure was built||1963|
|Median Value of occupied units||$65,800|
|Median Price asked for vacant units||$80,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.09|
|Median year structure was built||1960|
|Median Monthly Rent asked for vacant units||$275|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||9.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.3%|