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Pontotoc, MS Real Estate


According to census data in the year 2000 there were 2,258 housing units in Pontotoc. This represents a 14.5% growth from 1,972 in 1990.

Of those housing units, 1,873 were located in either urbanized areas or urban clusters, and 385 were located in what is classified as a rural area.

Homeownership rate in Pontotoc is about 62.5%. Pontotoc's vacancy rate, including seasonal lodging, is about 6.1%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Pontotoc were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom10.70%
Two Bedrooms27.30%
Three Bedrooms48%
Four Bedrooms8.50%
Five Bedrooms or more3.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1972
Median Value of occupied units$72,500
Median Price asked for vacant units$70,900

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1973
Median Monthly Rent asked for vacant units$392

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.30%
Home Equity Loan1.50%
Simple Mortgage57.90%
Debt Free36.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%