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Grimes, IA Real Estate


According to census data in the year 2000 there were 1,939 housing units in Grimes. This represents a 92.9% growth from 1,005 in 1990.

Of those housing units, 1,919 were located in either urbanized areas or urban clusters, and 20 were located in what is classified as a rural area.

Homeownership rate in Grimes is about 80.7%. Grimes's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Grimes were built after 1991.

Statistics

Housing Size

Housing Units by Size
Studio Type2%
One Bedroom7.30%
Two Bedrooms19%
Three Bedrooms55.80%
Four Bedrooms15.60%
Five Bedrooms or more0.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1991
Median Value of occupied units$119,500
Median Price asked for vacant units$187,500

Rented Homes, Apartments and Condos

Average Household Size1.85
Median year structure was built1984
Median Monthly Rent asked for vacant units$1,125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.10%
Home Equity Loan11.60%
Simple Mortgage67.60%
Debt Free10.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%