Home

Iron Gate, VA Real Estate


According to census data in the year 2000 there were 199 housing units in Iron Gate. This represents a 1% decline from 201 in 1990.

Of those housing units, 189 were located in either urbanized areas or urban clusters, and 10 were located in what is classified as a rural area.

Homeownership rate in Iron Gate is about 85.6%. Iron Gate's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.16 people.

The majority of houses, apartments or condos in Iron Gate were built after 1942.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom3.50%
Two Bedrooms26.10%
Three Bedrooms51.80%
Four Bedrooms13.10%
Five Bedrooms or more4%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1946
Median Value of occupied units$41,800
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1939
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.40%
Home Equity Loan2.80%
Simple Mortgage32.90%
Debt Free55.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%