Marion, AR Real Estate
According to census data in the year 2000 there were 3,331 housing units in Marion.
This represents a 112.4% growth from 1,568 in 1990.
Of those housing units, 3,123 were located in either urbanized areas or urban clusters, and 208 were located in what is classified as a rural area.
Homeownership rate in Marion is about 67%.
Marion's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Marion were built after 1991.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 6% |
| Two Bedrooms | 28.60% |
| Three Bedrooms | 52.10% |
| Four Bedrooms | 10.80% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.05 |
| Median year structure was built | 1990 |
| Median Value of occupied units | $97,200 |
| Median Price asked for vacant units | $120,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1995 |
| Median Monthly Rent asked for vacant units | $492 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 75.90% |
| Debt Free | 12.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
