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Laurel, IA Real Estate


According to census data in the year 2000 there were 122 housing units in Laurel. This represents a 5.2% growth from 116 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 122 were located in what is classified as a rural area.

Homeownership rate in Laurel is about 78.3%. Laurel's vacancy rate, including seasonal lodging, is about 13.1%. Average household size is 2.71 people.

The majority of houses, apartments or condos in Laurel were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom13.90%
Two Bedrooms27.90%
Three Bedrooms47.50%
Four Bedrooms9.80%
Five Bedrooms or more0.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.86
Median year structure was built1953
Median Value of occupied units$55,000
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1979
Median Monthly Rent asked for vacant units$125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan2.90%
Simple Mortgage60%
Debt Free37.10%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%