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Mena, AR Real Estate


According to census data in the year 2000 there were 2,744 housing units in Mena. This represents a 4.8% growth from 2,619 in 1990.

Of those housing units, 2,537 were located in either urbanized areas or urban clusters, and 207 were located in what is classified as a rural area.

Homeownership rate in Mena is about 70.3%. Mena's vacancy rate, including seasonal lodging, is about 12.1%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Mena were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom11%
Two Bedrooms32.20%
Three Bedrooms45.80%
Four Bedrooms8.20%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1969
Median Value of occupied units$59,700
Median Price asked for vacant units$40,600

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1965
Median Monthly Rent asked for vacant units$293

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.80%
Home Equity Loan1.60%
Simple Mortgage46.20%
Debt Free49.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%