Tropic, UT Real Estate
According to census data in the year 2000 there were 207 housing units in Tropic.
This represents a 40.8% growth from 147 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 207 were located in what is classified as a rural area.
Homeownership rate in Tropic is about 87.3%.
Tropic's vacancy rate, including seasonal lodging, is about 24.2%.
Average household size is 3.45 people.
The majority of houses, apartments or condos in Tropic were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.30% |
| One Bedroom | 0% |
| Two Bedrooms | 17.90% |
| Three Bedrooms | 49.80% |
| Four Bedrooms | 12.60% |
| Five Bedrooms or more | 14.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.4 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $88,500 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.75 |
| Median year structure was built | 1974 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 38.80% |
| Debt Free | 51.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.1% |
