Oak Grove, AR Real Estate
According to census data in the year 2000 there were 177 housing units in Oak Grove.
This represents a 71.8% growth from 103 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 177 were located in what is classified as a rural area.
Homeownership rate in Oak Grove is about 81%.
Oak Grove's vacancy rate, including seasonal lodging, is about 13.6%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Oak Grove were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.60% |
| Two Bedrooms | 28.80% |
| Three Bedrooms | 53.70% |
| Four Bedrooms | 10.20% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $66,300 |
| Median Price asked for vacant units | $72,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.1 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 0% |
| Simple Mortgage | 38.70% |
| Debt Free | 57.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
