Arkansas City, KS Real Estate
According to census data in the year 2000 there were 5,622 housing units in Arkansas City.
This represents a 2.6% decline from 5,774 in 1990.
Of those housing units, 5,441 were located in either urbanized areas or urban clusters, and 181 were located in what is classified as a rural area.
Homeownership rate in Arkansas City is about 64.8%.
Arkansas City's vacancy rate, including seasonal lodging, is about 13%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Arkansas City were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 13% |
| Two Bedrooms | 40.90% |
| Three Bedrooms | 35% |
| Four Bedrooms | 7.40% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $43,300 |
| Median Price asked for vacant units | $27,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $282 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.90% |
| Home Equity Loan | 4% |
| Simple Mortgage | 41% |
| Debt Free | 48.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
