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Lorimor, IA Real Estate


According to census data in the year 2000 there were 188 housing units in Lorimor. This represents a 9.9% growth from 171 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 188 were located in what is classified as a rural area.

Homeownership rate in Lorimor is about 75.4%. Lorimor's vacancy rate, including seasonal lodging, is about 6.9%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Lorimor were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.90%
Two Bedrooms48.90%
Three Bedrooms28.70%
Four Bedrooms12.20%
Five Bedrooms or more3.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1939
Median Value of occupied units$29,100
Median Price asked for vacant units$27,500

Rented Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1939
Median Monthly Rent asked for vacant units$320

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan3.10%
Second Mortgage2.10%
Home Equity Loan2.10%
Simple Mortgage43.30%
Debt Free49.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs12.6%