McDonough, GA Real Estate
According to census data in the year 2000 there were 3,146 housing units in McDonough.
This represents a 194.8% growth from 1,067 in 1990.
Of those housing units, 3,024 were located in either urbanized areas or urban clusters, and 122 were located in what is classified as a rural area.
Homeownership rate in McDonough is about 58.7%.
McDonough's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in McDonough were built after 1993.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 12.30% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 46.80% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1992 |
| Median Value of occupied units | $108,200 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1995 |
| Median Monthly Rent asked for vacant units | $611 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 66.60% |
| Debt Free | 21.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.8% |
