Richland, MS Real Estate
According to census data in the year 2000 there were 2,547 housing units in Richland.
This represents a 57.2% growth from 1,620 in 1990.
Of those housing units, 2,404 were located in either urbanized areas or urban clusters, and 143 were located in what is classified as a rural area.
Homeownership rate in Richland is about 75.5%.
Richland's vacancy rate, including seasonal lodging, is about 9.3%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Richland were built after 1988.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 5.30% |
| Two Bedrooms | 33% |
| Three Bedrooms | 53.90% |
| Four Bedrooms | 5.10% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1990 |
| Median Value of occupied units | $84,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $383 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 5.70% |
| Simple Mortgage | 64.30% |
| Debt Free | 23.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
