Menifee, AR Real Estate
According to census data in the year 2000 there were 160 housing units in Menifee.
This represents a 16.8% growth from 137 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 160 were located in what is classified as a rural area.
Homeownership rate in Menifee is about 90.3%.
Menifee's vacancy rate, including seasonal lodging, is about 16.3%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Menifee were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.40% |
| Two Bedrooms | 23.80% |
| Three Bedrooms | 48.80% |
| Four Bedrooms | 18.80% |
| Five Bedrooms or more | 4.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $55,000 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 4.23 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.10% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 45.70% |
| Debt Free | 45.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
