Pea Ridge, AR Real Estate
According to census data in the year 2000 there were 948 housing units in Pea Ridge.
This represents a 48.6% growth from 638 in 1990.
Of those housing units, 712 were located in either urbanized areas or urban clusters, and 236 were located in what is classified as a rural area.
Homeownership rate in Pea Ridge is about 78.7%.
Pea Ridge's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Pea Ridge were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 3% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 59.80% |
| Four Bedrooms | 5.50% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $76,700 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.12 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $394 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.20% |
| Home Equity Loan | 3.40% |
| Simple Mortgage | 53.30% |
| Debt Free | 34.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
