Morrow, GA Real Estate
According to census data in the year 2000 there were 1,772 housing units in Morrow.
This represents a 26.9% decline from 2,425 in 1990.
Of those housing units, 1,772 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Morrow is about 58.8%.
Morrow's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.93 people.
The majority of houses, apartments or condos in Morrow were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 8.50% |
| Two Bedrooms | 22.50% |
| Three Bedrooms | 45.40% |
| Four Bedrooms | 17.80% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $92,700 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.99 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $717 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 4.90% |
| Simple Mortgage | 53.90% |
| Debt Free | 34.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
