Morgan City, MS Real Estate
According to census data in the year 2000 there were 100 housing units in Morgan City.
This represents a 88.7% growth from 53 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 100 were located in what is classified as a rural area.
Homeownership rate in Morgan City is about 78.4%.
Morgan City's vacancy rate, including seasonal lodging, is about 3%.
Average household size is 3.06 people.
The majority of houses, apartments or condos in Morgan City were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 31% |
| Three Bedrooms | 66% |
| Four Bedrooms | 3% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 3 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $36,100 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.29 |
| Median year structure was built | 1972 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 0% |
| Simple Mortgage | 45.80% |
| Debt Free | 49.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 35.8% |
