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 Type | 1% |
| One Bedroom | 11% |
| Two Bedrooms | 32.20% |
| Three Bedrooms | 45.80% |
| Four Bedrooms | 8.20% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $59,700 |
| Median Price asked for vacant units | $40,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $293 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 1.60% |
| Simple Mortgage | 46.20% |
| Debt Free | 49.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
