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Milton, IA Real Estate


According to census data in the year 2000 there were 240 housing units in Milton. This represents a 2% decline from 245 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 240 were located in what is classified as a rural area.

Homeownership rate in Milton is about 83.1%. Milton's vacancy rate, including seasonal lodging, is about 11.3%. Average household size is 2.43 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom9.20%
Two Bedrooms35.80%
Three Bedrooms35.80%
Four Bedrooms15%
Five Bedrooms or more3.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1939
Median Value of occupied units$27,100
Median Price asked for vacant units$21,300

Rented Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1970
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan3.10%
Simple Mortgage42.60%
Debt Free54.30%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs11.7%