New Albin, IA Real Estate
According to census data in the year 2000 there were 242 housing units in New Albin.
This represents a 1.6% decline from 246 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 242 were located in what is classified as a rural area.
Homeownership rate in New Albin is about 88.7%.
New Albin's vacancy rate, including seasonal lodging, is about 8.7%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in New Albin were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.40% |
| Two Bedrooms | 26.40% |
| Three Bedrooms | 46.70% |
| Four Bedrooms | 16.90% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $43,500 |
| Median Price asked for vacant units | $17,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $219 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 3% |
| Simple Mortgage | 37.30% |
| Debt Free | 56.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.2% |
