Gum Springs, AR Real Estate
According to census data in the year 2000 there were 103 housing units in Gum Springs.
This represents a 58.5% growth from 65 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 103 were located in what is classified as a rural area.
Homeownership rate in Gum Springs is about 75.3%.
Gum Springs's vacancy rate, including seasonal lodging, is about 13.6%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Gum Springs were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 26.20% |
| Three Bedrooms | 69.90% |
| Four Bedrooms | 3.90% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $60,400 |
| Median Price asked for vacant units | $27,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.59 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 42.60% |
| Debt Free | 57.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
