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Gravity, IA Real Estate


According to census data in the year 2000 there were 106 housing units in Gravity. This represents a 2.9% growth from 103 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 106 were located in what is classified as a rural area.

Homeownership rate in Gravity is about 94.3%. Gravity's vacancy rate, including seasonal lodging, is about 17%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Gravity were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.70%
Two Bedrooms38.70%
Three Bedrooms44.30%
Four Bedrooms12.30%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1939
Median Value of occupied units$22,300

Rented Homes, Apartments and Condos

Average Household Size3.4
Median year structure was built1945
Median Monthly Rent asked for vacant units$213

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.70%
Home Equity Loan0%
Simple Mortgage37%
Debt Free60.30%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12.8%