Hernando, MS Real Estate
According to census data in the year 2000 there were 2,725 housing units in Hernando.
This represents a 117.1% growth from 1,255 in 1990.
Of those housing units, 2,539 were located in either urbanized areas or urban clusters, and 186 were located in what is classified as a rural area.
Homeownership rate in Hernando is about 75.4%.
Hernando's vacancy rate, including seasonal lodging, is about 8.4%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Hernando were built after 1988.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 9.10% |
| Two Bedrooms | 22.80% |
| Three Bedrooms | 53.50% |
| Four Bedrooms | 11.20% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1989 |
| Median Value of occupied units | $111,200 |
| Median Price asked for vacant units | $181,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1987 |
| Median Monthly Rent asked for vacant units | $504 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 61.70% |
| Debt Free | 23.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
