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McGehee, AR Real Estate


According to census data in the year 2000 there were 2,032 housing units in McGehee. This represents a 0.8% decline from 2,048 in 1990.

Of those housing units, 1,855 were located in either urbanized areas or urban clusters, and 177 were located in what is classified as a rural area.

Homeownership rate in McGehee is about 62.8%. McGehee's vacancy rate, including seasonal lodging, is about 9.1%. Average household size is 2.46 people.

The majority of houses, apartments or condos in McGehee were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom9.10%
Two Bedrooms31.70%
Three Bedrooms45.60%
Four Bedrooms12.30%
Five Bedrooms or more0.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1967
Median Value of occupied units$47,200
Median Price asked for vacant units$41,300

Rented Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1972
Median Monthly Rent asked for vacant units$131

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.10%
Home Equity Loan0.70%
Simple Mortgage38.70%
Debt Free54.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%