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Russell, IA Real Estate


According to census data in the year 2000 there were 264 housing units in Russell. This represents a 1.1% growth from 261 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 264 were located in what is classified as a rural area.

Homeownership rate in Russell is about 78%. Russell's vacancy rate, including seasonal lodging, is about 8.7%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Russell were built after 1949.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.40%
Two Bedrooms37.50%
Three Bedrooms37.50%
Four Bedrooms12.50%
Five Bedrooms or more1.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1943
Median Value of occupied units$33,900
Median Price asked for vacant units$35,000

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1964
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.30%
Home Equity Loan0%
Simple Mortgage36.90%
Debt Free61.70%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs11.2%