Mayflower, AR Real Estate
According to census data in the year 2000 there were 922 housing units in Mayflower.
This represents a 30.2% growth from 708 in 1990.
Of those housing units, 647 were located in either urbanized areas or urban clusters, and 275 were located in what is classified as a rural area.
Homeownership rate in Mayflower is about 75.2%.
Mayflower's vacancy rate, including seasonal lodging, is about 16.5%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Mayflower were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 10% |
| Two Bedrooms | 44.80% |
| Three Bedrooms | 39.80% |
| Four Bedrooms | 3.60% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $81,400 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.8 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $323 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 50.30% |
| Debt Free | 40.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
