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Mexico, ME Real Estate


According to census data in the year 2000 there were 928 housing units in Mexico. This represents a 7.7% decline from 1,005 in 1990.

Of those housing units, 903 were located in either urbanized areas or urban clusters, and 25 were located in what is classified as a rural area.

Homeownership rate in Mexico is about 64.9%. Mexico's vacancy rate, including seasonal lodging, is about 10.6%. Average household size is 2.11 people.

The majority of houses, apartments or condos in Mexico were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom8.90%
Two Bedrooms44.40%
Three Bedrooms30.80%
Four Bedrooms11.90%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1939
Median Value of occupied units$51,600
Median Price asked for vacant units$47,100

Rented Homes, Apartments and Condos

Average Household Size1.42
Median year structure was built1943
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.80%
Home Equity Loan5.60%
Simple Mortgage46%
Debt Free46.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%