Richton, MS Real Estate
According to census data in the year 2000 there were 500 housing units in Richton.
This represents a 12.6% growth from 444 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 500 were located in what is classified as a rural area.
Homeownership rate in Richton is about 71%.
Richton's vacancy rate, including seasonal lodging, is about 20%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Richton were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 10% |
| Two Bedrooms | 28.80% |
| Three Bedrooms | 49.60% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $51,900 |
| Median Price asked for vacant units | $35,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.11 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $175 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 1.60% |
| Simple Mortgage | 45.50% |
| Debt Free | 44.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
