Otho, IA Real Estate
According to census data in the year 2000 there were 249 housing units in Otho.
This represents a 10.2% growth from 226 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 249 were located in what is classified as a rural area.
Homeownership rate in Otho is about 73.9%.
Otho's vacancy rate, including seasonal lodging, is about 1.6%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Otho were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 20.10% |
| Two Bedrooms | 35.30% |
| Three Bedrooms | 34.90% |
| Four Bedrooms | 9.60% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $46,000 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1968 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 3.20% |
| Simple Mortgage | 57.30% |
| Debt Free | 35.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.4% |
