Burlington, IA Real Estate
According to census data in the year 2000 there were 12,018 housing units in Burlington.
This represents a 2% growth from 11,777 in 1990.
Of those housing units, 11,959 were located in either urbanized areas or urban clusters, and 59 were located in what is classified as a rural area.
Homeownership rate in Burlington is about 70.1%.
Burlington's vacancy rate, including seasonal lodging, is about 7.3%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Burlington were built after 1941.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 12.70% |
| Two Bedrooms | 33.30% |
| Three Bedrooms | 38.30% |
| Four Bedrooms | 12.40% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $63,300 |
| Median Price asked for vacant units | $55,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1944 |
| Median Monthly Rent asked for vacant units | $377 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 3.70% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 49.30% |
| Debt Free | 43.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
