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Salem (Fulton County), AR Real Estate


According to census data in the year 2000 there were 778 housing units in Salem (Fulton County). This represents a 16.3% growth from 669 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 778 were located in what is classified as a rural area.

Homeownership rate in Salem (Fulton County) is about 61.6%. Salem (Fulton County)'s vacancy rate, including seasonal lodging, is about 14%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Salem (Fulton County) were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom13.40%
Two Bedrooms36%
Three Bedrooms44.50%
Four Bedrooms4.10%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1970
Median Value of occupied units$52,800
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1973
Median Monthly Rent asked for vacant units$253

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.90%
Home Equity Loan2.50%
Simple Mortgage46.70%
Debt Free48.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%