Salem (Saline County), AR Real Estate
According to census data in the year 2000 there were 1,102 housing units in Salem (Saline County).
This represents a 9.3% growth from 1,008 in 1990.
Of those housing units, 1,058 were located in either urbanized areas or urban clusters, and 44 were located in what is classified as a rural area.
Homeownership rate in Salem (Saline County) is about 86.1%.
Salem (Saline County)'s vacancy rate, including seasonal lodging, is about 3%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Salem (Saline County) were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.70% |
| Two Bedrooms | 12.10% |
| Three Bedrooms | 75.40% |
| Four Bedrooms | 7.80% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $82,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $417 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2% |
| Home Equity Loan | 2.90% |
| Simple Mortgage | 70.50% |
| Debt Free | 24.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
