Richland, IA Real Estate
According to census data in the year 2000 there were 270 housing units in Richland.
This represents a 3.8% growth from 260 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 270 were located in what is classified as a rural area.
Homeownership rate in Richland is about 77.8%.
Richland's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Richland were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.40% |
| Two Bedrooms | 32.60% |
| Three Bedrooms | 43.70% |
| Four Bedrooms | 13.30% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $70,000 |
| Median Price asked for vacant units | $60,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.55 |
| Median year structure was built | 1956 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 2.50% |
| Simple Mortgage | 45.60% |
| Debt Free | 48.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
