Manila, AR Real Estate
According to census data in the year 2000 there were 1,308 housing units in Manila.
This represents a 15.4% growth from 1,133 in 1990.
Of those housing units, 1,241 were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.
Homeownership rate in Manila is about 70.2%.
Manila's vacancy rate, including seasonal lodging, is about 7.3%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Manila were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 7.30% |
| Two Bedrooms | 38.70% |
| Three Bedrooms | 48.10% |
| Four Bedrooms | 4.20% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $51,600 |
| Median Price asked for vacant units | $23,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $181 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.30% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 50.10% |
| Debt Free | 45.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
