Tunica, MS Real Estate
According to census data in the year 2000 there were 587 housing units in Tunica.
This represents a 13.3% growth from 518 in 1990.
Of those housing units, 583 were located in either urbanized areas or urban clusters, and 4 were located in what is classified as a rural area.
Homeownership rate in Tunica is about 51.8%.
Tunica's vacancy rate, including seasonal lodging, is about 9.2%.
Average household size is 1.94 people.
The majority of houses, apartments or condos in Tunica were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.90% |
| One Bedroom | 21.80% |
| Two Bedrooms | 23.30% |
| Three Bedrooms | 38.70% |
| Four Bedrooms | 9% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $83,900 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.71 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $388 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 3.10% |
| Simple Mortgage | 37% |
| Debt Free | 52.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
