Okolona, AR Real Estate
According to census data in the year 2000 there were 82 housing units in Okolona.
This represents a 7.9% growth from 76 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 82 were located in what is classified as a rural area.
Homeownership rate in Okolona is about 91.2%.
Okolona's vacancy rate, including seasonal lodging, is about 17.1%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Okolona were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.20% |
| Two Bedrooms | 43.90% |
| Three Bedrooms | 50% |
| Four Bedrooms | 4.90% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $27,800 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1955 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.70% |
| Home Equity Loan | 11.60% |
| Simple Mortgage | 27.90% |
| Debt Free | 55.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.4% |
