Fairfield Bay, AR Real Estate
According to census data in the year 2000 there were 1,986 housing units in Fairfield Bay.
This represents a 5.2% growth from 1,888 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,986 were located in what is classified as a rural area.
Homeownership rate in Fairfield Bay is about 82.9%.
Fairfield Bay's vacancy rate, including seasonal lodging, is about 38.1%.
Average household size is 1.93 people.
The majority of houses, apartments or condos in Fairfield Bay were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 6.40% |
| Two Bedrooms | 56.20% |
| Three Bedrooms | 33.30% |
| Four Bedrooms | 3.30% |
| Five Bedrooms or more | 0.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.86 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $76,100 |
| Median Price asked for vacant units | $70,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $407 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.40% |
| Home Equity Loan | 0.60% |
| Simple Mortgage | 34.10% |
| Debt Free | 62.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 10.9% |
