Walnut Ridge, AR Real Estate
According to census data in the year 2000 there were 2,250 housing units in Walnut Ridge.
This represents a 13.5% growth from 1,982 in 1990.
Of those housing units, 1,926 were located in either urbanized areas or urban clusters, and 324 were located in what is classified as a rural area.
Homeownership rate in Walnut Ridge is about 61%.
Walnut Ridge's vacancy rate, including seasonal lodging, is about 9.4%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Walnut Ridge were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 10.80% |
| Two Bedrooms | 39.80% |
| Three Bedrooms | 42.30% |
| Four Bedrooms | 6.30% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $51,600 |
| Median Price asked for vacant units | $22,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $214 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.50% |
| Home Equity Loan | 4.90% |
| Simple Mortgage | 54.40% |
| Debt Free | 38.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
