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Arco, ID Real Estate


According to census data in the year 2000 there were 509 housing units in Arco. This represents a 4.9% growth from 485 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 509 were located in what is classified as a rural area.

Homeownership rate in Arco is about 65%. Arco's vacancy rate, including seasonal lodging, is about 13.6%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Arco were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom10.80%
Two Bedrooms41.70%
Three Bedrooms35.40%
Four Bedrooms7.70%
Five Bedrooms or more2.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1957
Median Value of occupied units$51,200
Median Price asked for vacant units$40,000

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1965
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.40%
Home Equity Loan1.90%
Simple Mortgage49.50%
Debt Free46.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.2%