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 Type | 0.70% |
| One Bedroom | 9.10% |
| Two Bedrooms | 31.70% |
| Three Bedrooms | 45.60% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $47,200 |
| Median Price asked for vacant units | $41,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $131 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 0.70% |
| Simple Mortgage | 38.70% |
| Debt Free | 54.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
