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New Iberia Micro Area Housing

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As of 2008-2012, median price of a house in New Iberia Area is $102,500, which is lower than the state average of $140,400 and is much lower than the national average of $175,700. The median year that a house in New Iberia Area was built is 1977, which is about the same as the median year for a house built in the state which is 1977 and is newer than the median year for a house built in the USA which is 1975.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 18,886 Owner Occupied Houses in New Iberia Area, #649

New Iberia Area	102,500 USD
Louisiana	137,700 USD
U.S.	181,400 USD

Median House Price Growth Since 2005-2009, see rank

New Iberia Area	9.63%
Louisiana	65.18%
U.S.	46.91%

*The New Iberia Area median house price growth rate is since 2005-2009. The Louisiana and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2008-2012 data. View historical house value data.

Housing Occupancy

	New Iberia Area	Louisiana	U.S.
Total Housing Units	29,698, see rank, 100%	1,964,981	131,704,730
Occupied Housing Units	26,778, 90.17%, see rank	87.96%	88.62%
Owner Occupied	18,995, 63.96%, see rank	59.15%	57.69%
Renter Occupied	7,783, 26.21%, see rank	28.81%	30.93%
Vacant Housing Units	2,920, 9.83%, see rank	12.04%	11.38%
For Rent	931, 3.13%, see rank	3.40%	3.14%
For Sale Only	260, 0.88%, see rank	1.09%	1.44%
Rented or Sold, Not Occupied	202, 0.68%, see rank	0.54%	0.48%
For Seasonal, Recreational, or Occasional Use	253, 0.85%, see rank	2.15%	3.53%
For Migrant Workers	18, 0.06%, see rank	0.05%	0.02%
Other Vacant	1,256, 4.23%, see rank	4.81%	2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #380

New Iberia Area	Louisiana	U.S.
1977	1977	1975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2008-2012 data. View historical year structure built data.

Mortgage Status

	New Iberia Area	%	Louisiana	U.S.
Owner-Occupied Units	18,886	100%	1,142,965	75,484,661
With a Mortgage	9,317	49.33%, see rank	56.15%	67.13%
Without a Mortgage	9,569	50.67%, see rank	43.85%	32.87%

*Based on 2008-2012 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

New Iberia Area	1,081 USD
Louisiana	1,195 USD
U.S.	1,559 USD

Owner Costs Distribution

Monthly Owner Costs	New Iberia Area	%	Louisiana	U.S.
$299 or Less	58	0.62%, see rank	0.33%	0.18%
$300 to $499	405	4.35%, see rank	3.12%	1.59%
$500 to $699	1,039	11.15%, see rank	10.18%	4.89%
$700 to $999	2,468	26.49%, see rank	22.23%	13.71%
$1,000 to $1,499	3,222	34.58%, see rank	32.32%	26.97%
$1,500 to $1,999	1,165	12.50%, see rank	16.93%	20.33%
$2,000 to $2,999	780	8.37%, see rank	11.03%	20.10%
$3,000 or More	180	1.93%, see rank	3.86%	12.24%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

New Iberia Area	20.10% of the Total Income
Louisiana	21.30% of the Total Income
U.S.	24.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	New Iberia Area	%	Louisiana	U.S.
10% or Less	780	8.37%, see rank	8.67%	5.04%
10% to 20%	3,836	41.17%, see rank	37.28%	29.70%
20% to 30%	2,271	24.37%, see rank	24.45%	28.18%
30% to 40%	1,054	11.31%, see rank	11.56%	14.80%
40% or More	1,324	14.21%, see rank	17.55%	21.80%

*Based on 2008-2012 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

New Iberia Area	318 USD
Louisiana	321 USD
U.S.	449 USD

Owner Costs Distribution

Monthly Owner Costs	New Iberia Area	%	Louisiana	U.S.
$199 or Less	1,795	18.76%, see rank	19.26%	7.99%
$200 to $299	2,443	25.53%, see rank	25.87%	15.31%
$300 to $499	3,976	41.55%, see rank	36.29%	35.02%
$500 to $699	990	10.35%, see rank	11.77%	20.88%
$700 or More	365	3.81%, see rank	6.81%	20.80%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

New Iberia Area	10.00% of the Total Income
Louisiana	10.00% of the Total Income
U.S.	12.60% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	New Iberia Area	%	Louisiana	U.S.
10% or Less	4,939	51.61%, see rank	49.68%	39.10%
10% to 20%	2,319	24.23%, see rank	27.89%	31.88%
20% to 30%	1,024	10.70%, see rank	9.80%	12.59%
30% to 40%	512	5.35%, see rank	4.37%	5.84%
40% or More	633	6.62%, see rank	6.77%	9.41%

*Based on 2008-2012 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	New Iberia Area	Louisiana	U.S.
Total Housing Units	29,726, 100%	1,964,329	131,642,457
1-unit, Detached	20,428, 68.72%, see rank	65.27%	61.70%
1-unit, Attached	203, 0.68%, see rank	3.15%	5.79%
2 Units	464, 1.56%, see rank	3.79%	3.80%
3 or 4 Units	848, 2.85%, see rank	4.30%	4.44%
5 to 9 Units	883, 2.97%, see rank	3.40%	4.78%
10 or More Units	800, 2.69%, see rank	6.78%	12.89%
Mobile Home, Boat, RV, Van, etc.	6,100, 20.52%, see rank	13.32%	6.60%

*Based on 2008-2012 data. View historical units in structure data.

Rooms

	New Iberia Area	Louisiana	U.S.
Total Housing Units	29,726, 100%	1,964,329	131,642,457
1 Room	294, 0.99%, see rank	1.32%	1.95%
2 Rooms	372, 1.25%, see rank	1.86%	2.36%
3 Rooms	1,469, 4.94%, see rank	7.73%	8.97%
4 Rooms	6,095, 20.50%, see rank	17.45%	16.57%
5 Rooms	7,953, 26.75%, see rank	25.18%	20.41%
6 Rooms	5,790, 19.48%, see rank	20.07%	18.25%
7 Rooms	3,349, 11.27%, see rank	12.04%	12.38%
8 Rooms	2,262, 7.61%, see rank	7.31%	8.59%
9 Rooms or More	2,142, 7.21%, see rank	7.04%	10.52%
Median Rooms	5.30, see rank	5.40	5.50

*Based on 2008-2012 data. View historical rooms data.

Bedrooms

	New Iberia Area	Louisiana	U.S.
Total Housing Units	29,726, 100%	1,964,329	131,642,457
No Bedroom	311, 1.05%, see rank	1.41%	2.16%
1 Bedroom	1,720, 5.79%, see rank	8.82%	11.12%
2 Bedrooms	8,343, 28.07%, see rank	25.47%	26.85%
3 Bedrooms	15,541, 52.28%, see rank	48.08%	39.76%
4 Bedrooms	3,184, 10.71%, see rank	14.08%	15.95%
5 or More Bedrooms	627, 2.11%, see rank	2.15%	4.16%

*Based on 2008-2012 data. View historical bedrooms data.

House Heating Fuel

	New Iberia Area	Louisiana	U.S.
Total Housing Units	26,457, 100%	1,696,499	115,226,802
Utility Gas	10,673, 40.34%, see rank	37.02%	49.42%
Bottled, Tank, or LP Gas	291, 1.10%, see rank	2.73%	5.03%
Electricity	15,396, 58.19%, see rank	59.17%	35.51%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.07%	6.46%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	35, 0.13%, see rank	0.68%	2.08%
Solar Energy	0, 0.00%, see rank	0.01%	0.04%
Other Fuel	18, 0.07%, see rank	0.09%	0.43%
No Fuel Used	44, 0.17%, see rank	0.22%	0.90%

*Based on 2008-2012 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	New Iberia Area	Louisiana	U.S.
Occupied Units Paying Rent	6,376, 100%	492,392	37,562,111
$199 or Less	200, 3.14%, see rank	2.28%	1.76%
$200 to $299	448, 7.03%, see rank	4.37%	3.29%
$300 to $499	1,123, 17.61%, see rank	12.34%	8.20%
$500 to $699	1,872, 29.36%, see rank	22.60%	17.39%
$700 to $999	2,081, 32.64%, see rank	34.05%	29.40%
$1,000 to $1,499	493, 7.73%, see rank	19.15%	25.73%
$1,500 to $1,999	44, 0.69%, see rank	3.83%	8.92%
$2,000 or More	115, 1.80%, see rank	1.38%	5.30%
Median	$665, see rank	$762	$889

*Based on 2008-2012 data. View historical gross rent data.

Vehicle Available

	New Iberia Area	Louisiana	U.S.
Occupied Housing Units	26,457, 100%	1,696,499	115,226,802
No Vehicles Available	2,433, 9.20%, see rank	8.48%	9.03%
1 Vehicles Available	9,419, 35.60%, see rank	36.88%	33.67%
2 Vehicles Available	9,855, 37.25%, see rank	38.10%	37.64%
3 or More Vehicles Available	4,750, 17.95%, see rank	16.54%	19.66%

*Based on 2008-2012 data. View historical vehicle available data.