Rumford, ME Real Estate
According to census data in the year 2000 there were 2,532 housing units in Rumford.
This represents a 3.5% decline from 2,623 in 1990.
Of those housing units, 2,145 were located in either urbanized areas or urban clusters, and 387 were located in what is classified as a rural area.
Homeownership rate in Rumford is about 52.9%.
Rumford's vacancy rate, including seasonal lodging, is about 13%.
Average household size is 2.1 people.
The majority of houses, apartments or condos in Rumford were built after 1941.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 11.60% |
| Two Bedrooms | 31.70% |
| Three Bedrooms | 39.10% |
| Four Bedrooms | 13% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $64,000 |
| Median Price asked for vacant units | $39,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1941 |
| Median Monthly Rent asked for vacant units | $319 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 10.10% |
| Simple Mortgage | 41.40% |
| Debt Free | 44.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
