Menlo, GA Real Estate
According to census data in the year 2000 there were 247 housing units in Menlo.
This represents a 2.8% decline from 254 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 247 were located in what is classified as a rural area.
Homeownership rate in Menlo is about 61.5%.
Menlo's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Menlo were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 13.80% |
| Two Bedrooms | 32% |
| Three Bedrooms | 46.20% |
| Four Bedrooms | 6.10% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $57,300 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.82 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.70% |
| Home Equity Loan | 3.50% |
| Simple Mortgage | 39.80% |
| Debt Free | 54% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
