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Princeton, IA Real Estate


According to census data in the year 2000 there were 392 housing units in Princeton. This represents a 22.5% growth from 320 in 1990.

Of those housing units, 195 were located in either urbanized areas or urban clusters, and 197 were located in what is classified as a rural area.

Homeownership rate in Princeton is about 86.1%. Princeton's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.63 people.

The majority of houses, apartments or condos in Princeton were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom9.20%
Two Bedrooms27%
Three Bedrooms46.20%
Four Bedrooms15.60%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1966
Median Value of occupied units$94,200

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1956
Median Monthly Rent asked for vacant units$356

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.90%
Home Equity Loan11.10%
Simple Mortgage48.10%
Debt Free30.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%