Lowell, AR Real Estate
According to census data in the year 2000 there were 1,989 housing units in Lowell.
This represents a 285.5% growth from 516 in 1990.
Of those housing units, 1,940 were located in either urbanized areas or urban clusters, and 49 were located in what is classified as a rural area.
Homeownership rate in Lowell is about 67.5%.
Lowell's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Lowell were built after 1996.
|Housing Units by Size|
|Five Bedrooms or more||0.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.82|
|Median year structure was built||1996|
|Median Value of occupied units||$90,900|
|Median Price asked for vacant units||$82,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.24|
|Median year structure was built||1995|
|Median Monthly Rent asked for vacant units||$608|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.8%|