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Mason City, IA Real Estate


According to census data in the year 2000 there were 13,051 housing units in Mason City. This represents a 3% growth from 12,669 in 1990.

Of those housing units, 12,569 were located in either urbanized areas or urban clusters, and 482 were located in what is classified as a rural area.

Homeownership rate in Mason City is about 67.4%. Mason City's vacancy rate, including seasonal lodging, is about 5.2%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Mason City were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom15.70%
Two Bedrooms32.80%
Three Bedrooms34.50%
Four Bedrooms13.30%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1952
Median Value of occupied units$72,700
Median Price asked for vacant units$43,300

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1954
Median Monthly Rent asked for vacant units$318

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.60%
Home Equity Loan9.40%
Simple Mortgage45.60%
Debt Free39.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%