Island City, OR Real Estate
According to census data in the year 2000 there were 377 housing units in Island City.
This represents a 40.1% growth from 269 in 1990.
Of those housing units, 367 were located in either urbanized areas or urban clusters, and 10 were located in what is classified as a rural area.
Homeownership rate in Island City is about 81.4%.
Island City's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Island City were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.40% |
| Two Bedrooms | 26.50% |
| Three Bedrooms | 52.80% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $113,900 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $450 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.70% |
| Home Equity Loan | 9.70% |
| Simple Mortgage | 48.20% |
| Debt Free | 32.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
