Milo, ME Real Estate
According to census data in the year 2000 there were 984 housing units in Milo.
This represents a 0% decline from 984 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 984 were located in what is classified as a rural area.
Homeownership rate in Milo is about 74.2%.
Milo's vacancy rate, including seasonal lodging, is about 13.4%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Milo were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 11.50% |
| Two Bedrooms | 29.60% |
| Three Bedrooms | 43.80% |
| Four Bedrooms | 11.30% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $46,400 |
| Median Price asked for vacant units | $40,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.85 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $329 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 3.10% |
| Simple Mortgage | 41.30% |
| Debt Free | 51.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
