Ripley, MS Real Estate
According to census data in the year 2000 there were 2,322 housing units in Ripley.
This represents a 6.4% growth from 2,183 in 1990.
Of those housing units, 1,888 were located in either urbanized areas or urban clusters, and 434 were located in what is classified as a rural area.
Homeownership rate in Ripley is about 63.2%.
Ripley's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Ripley were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 5.70% |
| Two Bedrooms | 31.30% |
| Three Bedrooms | 52.80% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $55,500 |
| Median Price asked for vacant units | $36,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $279 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.70% |
| Home Equity Loan | 0.60% |
| Simple Mortgage | 40% |
| Debt Free | 55.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
