Demorest, GA Real Estate
According to census data in the year 2000 there were 575 housing units in Demorest.
This represents a 30.4% growth from 441 in 1990.
Of those housing units, 537 were located in either urbanized areas or urban clusters, and 38 were located in what is classified as a rural area.
Homeownership rate in Demorest is about 59.2%.
Demorest's vacancy rate, including seasonal lodging, is about 12.5%.
Average household size is 2.1 people.
The majority of houses, apartments or condos in Demorest were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 14.30% |
| Two Bedrooms | 42.80% |
| Three Bedrooms | 34.80% |
| Four Bedrooms | 4.90% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $84,300 |
| Median Price asked for vacant units | $71,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $385 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.80% |
| Home Equity Loan | 1.60% |
| Simple Mortgage | 49.60% |
| Debt Free | 48% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
