Ft. Madison, IA Real Estate
According to census data in the year 2000 there were 5,164 housing units in Ft. Madison.
This represents a 0.9% decline from 5,209 in 1990.
Of those housing units, 5,037 were located in either urbanized areas or urban clusters, and 127 were located in what is classified as a rural area.
Homeownership rate in Ft. Madison is about 69.7%.
Ft. Madison's vacancy rate, including seasonal lodging, is about 9.7%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Ft. Madison were built after 1943.
|Housing Units by Size|
|Five Bedrooms or more||3.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.52|
|Median year structure was built||1942|
|Median Value of occupied units||$53,700|
|Median Price asked for vacant units||$45,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.76|
|Median year structure was built||1947|
|Median Monthly Rent asked for vacant units||$309|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.6%|