Mt. Vernon, IA Real Estate

According to census data in the year 2000 there were 1,187 housing units in Mt. Vernon. This represents a 14.9% growth from 1,033 in 1990.

Of those housing units, 1,100 were located in either urbanized areas or urban clusters, and 87 were located in what is classified as a rural area.

Homeownership rate in Mt. Vernon is about 77.2%. Mt. Vernon's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 2.56 people.

The majority of houses, apartments or condos in Mt. Vernon were built after 1955.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom8.40%
Two Bedrooms22.10%
Three Bedrooms40.30%
Four Bedrooms23.90%
Five Bedrooms or more5%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1952
Median Value of occupied units$119,000
Median Price asked for vacant units$105,000

Rented Homes, Apartments and Condos

Average Household Size1.81
Median year structure was built1961
Median Monthly Rent asked for vacant units$569

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage6.80%
Home Equity Loan11.20%
Simple Mortgage55.80%
Debt Free25.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%