Ray City, GA Real Estate
According to census data in the year 2000 there were 351 housing units in Ray City.
This represents a 25.8% growth from 279 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 351 were located in what is classified as a rural area.
Homeownership rate in Ray City is about 56.4%.
Ray City's vacancy rate, including seasonal lodging, is about 15.1%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Ray City were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.10% |
| Two Bedrooms | 32.50% |
| Three Bedrooms | 49% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $59,500 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $188 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 0% |
| Simple Mortgage | 34.70% |
| Debt Free | 57.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
