Magness, AR Real Estate
According to census data in the year 2000 there were 88 housing units in Magness.
This represents a 4.8% growth from 84 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 88 were located in what is classified as a rural area.
Homeownership rate in Magness is about 82.7%.
Magness's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 1.91 people.
The majority of houses, apartments or condos in Magness were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.40% |
| Two Bedrooms | 42% |
| Three Bedrooms | 54.50% |
| Four Bedrooms | 0% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $32,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $200 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.70% |
| Home Equity Loan | 0% |
| Simple Mortgage | 30.80% |
| Debt Free | 61.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.3% |
