Newton, IA Real Estate
According to census data in the year 2000 there were 7,165 housing units in Newton.
This represents a 10.6% growth from 6,477 in 1990.
Of those housing units, 7,096 were located in either urbanized areas or urban clusters, and 69 were located in what is classified as a rural area.
Homeownership rate in Newton is about 69%.
Newton's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Newton were built after 1956.
|Housing Units by Size|
|Five Bedrooms or more||2.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.42|
|Median year structure was built||1954|
|Median Value of occupied units||$78,700|
|Median Price asked for vacant units||$91,300|
Rented Homes, Apartments and Condos
|Average Household Size||1.9|
|Median year structure was built||1967|
|Median Monthly Rent asked for vacant units||$402|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||6.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.6%|