Benton, AR Real Estate
According to census data in the year 2000 there were 9,291 housing units in Benton.
This represents a 24.7% growth from 7,453 in 1990.
Of those housing units, 9,018 were located in either urbanized areas or urban clusters, and 273 were located in what is classified as a rural area.
Homeownership rate in Benton is about 67.2%.
Benton's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Benton were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 9.40% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 49.60% |
| Four Bedrooms | 9.20% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $86,900 |
| Median Price asked for vacant units | $67,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $397 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 56% |
| Debt Free | 34.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
