Ratcliff, AR Real Estate
According to census data in the year 2000 there were 94 housing units in Ratcliff.
This represents a 19% growth from 79 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 94 were located in what is classified as a rural area.
Homeownership rate in Ratcliff is about 81.7%.
Ratcliff's vacancy rate, including seasonal lodging, is about 12.8%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Ratcliff were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.30% |
| Two Bedrooms | 42.60% |
| Three Bedrooms | 52.10% |
| Four Bedrooms | 1.10% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $47,500 |
| Median Price asked for vacant units | $27,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1948 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 0% |
| Simple Mortgage | 32.50% |
| Debt Free | 60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.3% |
