Bruce, MS Real Estate
According to census data in the year 2000 there were 1,006 housing units in Bruce.
This represents a 10.4% growth from 911 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,006 were located in what is classified as a rural area.
Homeownership rate in Bruce is about 60.9%.
Bruce's vacancy rate, including seasonal lodging, is about 12.2%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Bruce were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 13.30% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 47% |
| Four Bedrooms | 8% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $45,700 |
| Median Price asked for vacant units | $42,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.98 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $99 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 2.10% |
| Simple Mortgage | 46.40% |
| Debt Free | 47% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
