Hermitage, AR Real Estate
According to census data in the year 2000 there were 338 housing units in Hermitage.
This represents a 8.7% growth from 311 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 338 were located in what is classified as a rural area.
Homeownership rate in Hermitage is about 44.7%.
Hermitage's vacancy rate, including seasonal lodging, is about 22.5%.
Average household size is 2.82 people.
The majority of houses, apartments or condos in Hermitage were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 14.50% |
| Two Bedrooms | 51.80% |
| Three Bedrooms | 29.30% |
| Four Bedrooms | 3% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.18 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $45,800 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $274 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 0% |
| Simple Mortgage | 36.40% |
| Debt Free | 61% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
