Reed, AR Real Estate
According to census data in the year 2000 there were 105 housing units in Reed.
This represents a 11% decline from 118 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 105 were located in what is classified as a rural area.
Homeownership rate in Reed is about 68.9%.
Reed's vacancy rate, including seasonal lodging, is about 1.9%.
Average household size is 2.95 people.
The majority of houses, apartments or condos in Reed were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 3.80% |
| Two Bedrooms | 31.40% |
| Three Bedrooms | 52.40% |
| Four Bedrooms | 7.60% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $28,200 |
| Median Price asked for vacant units | $22,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 4.63 |
| Median year structure was built | 1972 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 12.50% |
| Debt Free | 87.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20% |
