Midland, AR Real Estate
According to census data in the year 2000 there were 116 housing units in Midland.
This represents a 10.5% growth from 105 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 116 were located in what is classified as a rural area.
Homeownership rate in Midland is about 83.8%.
Midland's vacancy rate, including seasonal lodging, is about 14.7%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Midland were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6% |
| Two Bedrooms | 51.70% |
| Three Bedrooms | 37.90% |
| Four Bedrooms | 4.30% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $43,000 |
| Median Price asked for vacant units | $42,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1940 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 4.30% |
| Simple Mortgage | 32.90% |
| Debt Free | 62.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.5% |
