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Gibson, AR Real Estate


According to census data in the year 2000 there were 1,751 housing units in Gibson. This represents a 18.4% growth from 1,479 in 1990.

Of those housing units, 862 were located in either urbanized areas or urban clusters, and 889 were located in what is classified as a rural area.

Homeownership rate in Gibson is about 82.5%. Gibson's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.72 people.

The majority of houses, apartments or condos in Gibson were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.10%
Two Bedrooms14.60%
Three Bedrooms68.10%
Four Bedrooms14.80%
Five Bedrooms or more0.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1977
Median Value of occupied units$76,100
Median Price asked for vacant units$45,900

Rented Homes, Apartments and Condos

Average Household Size3.07
Median year structure was built1977
Median Monthly Rent asked for vacant units$383

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage6.30%
Home Equity Loan7.80%
Simple Mortgage63.60%
Debt Free21.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%