Elaine, AR Real Estate
According to census data in the year 2000 there were 360 housing units in Elaine.
This represents a 6.5% growth from 338 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 360 were located in what is classified as a rural area.
Homeownership rate in Elaine is about 52.6%.
Elaine's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Elaine were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 16.10% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 39.70% |
| Four Bedrooms | 11.10% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $35,300 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $150 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 34.10% |
| Debt Free | 65.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
