Black Oak, AR Real Estate
According to census data in the year 2000 there were 131 housing units in Black Oak.
This represents a 2.3% growth from 128 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 131 were located in what is classified as a rural area.
Homeownership rate in Black Oak is about 61.9%.
Black Oak's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Black Oak were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.90% |
| Two Bedrooms | 35.90% |
| Three Bedrooms | 51.90% |
| Four Bedrooms | 5.30% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $37,100 |
| Median Price asked for vacant units | $31,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 5.20% |
| Simple Mortgage | 43.10% |
| Debt Free | 51.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
