Carter Lake, IA Real Estate

According to census data in the year 2000 there were 1,292 housing units in Carter Lake. This represents a 12.4% growth from 1,149 in 1990.

Of those housing units, 1,292 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Carter Lake is about 86.7%. Carter Lake's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Carter Lake were built after 1962.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.50%
Two Bedrooms30.10%
Three Bedrooms56.60%
Four Bedrooms9.80%
Five Bedrooms or more3%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1962
Median Value of occupied units$70,400
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size3.25
Median year structure was built1966

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage19.30%
Home Equity Loan3%
Simple Mortgage45%
Debt Free32.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%