Ridgeland, MS Real Estate
According to census data in the year 2000 there were 9,944 housing units in Ridgeland.
This represents a 61.9% growth from 6,141 in 1990.
Of those housing units, 9,638 were located in either urbanized areas or urban clusters, and 306 were located in what is classified as a rural area.
Homeownership rate in Ridgeland is about 48.4%.
Ridgeland's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Ridgeland were built after 1988.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 23.10% |
| Two Bedrooms | 29.40% |
| Three Bedrooms | 31.70% |
| Four Bedrooms | 11.60% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1990 |
| Median Value of occupied units | $118,300 |
| Median Price asked for vacant units | $157,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.75 |
| Median year structure was built | 1986 |
| Median Monthly Rent asked for vacant units | $518 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 6.90% |
| Home Equity Loan | 8.80% |
| Simple Mortgage | 67% |
| Debt Free | 17.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
