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Boone, IA Real Estate


According to census data in the year 2000 there were 5,594 housing units in Boone. This represents a 4.9% growth from 5,332 in 1990.

Of those housing units, 5,353 were located in either urbanized areas or urban clusters, and 241 were located in what is classified as a rural area.

Homeownership rate in Boone is about 70.1%. Boone's vacancy rate, including seasonal lodging, is about 4.9%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Boone were built after 1944.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom14.10%
Two Bedrooms38.30%
Three Bedrooms30.30%
Four Bedrooms13.80%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1939
Median Value of occupied units$67,400
Median Price asked for vacant units$60,000

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1959
Median Monthly Rent asked for vacant units$345

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage6.30%
Home Equity Loan7.30%
Simple Mortgage50.90%
Debt Free35%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%