Corning, AR Real Estate
According to census data in the year 2000 there were 1,708 housing units in Corning.
This represents a 13.6% growth from 1,504 in 1990.
Of those housing units, 1,582 were located in either urbanized areas or urban clusters, and 126 were located in what is classified as a rural area.
Homeownership rate in Corning is about 65.9%.
Corning's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Corning were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 13.10% |
| Two Bedrooms | 32.40% |
| Three Bedrooms | 47.80% |
| Four Bedrooms | 5.40% |
| Five Bedrooms or more | 0.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $39,000 |
| Median Price asked for vacant units | $31,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $278 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2% |
| Home Equity Loan | 2.40% |
| Simple Mortgage | 48.90% |
| Debt Free | 46.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
