Tupelo, MS Real Estate
According to census data in the year 2000 there were 14,633 housing units in Tupelo.
This represents a 18.6% growth from 12,335 in 1990.
Of those housing units, 13,728 were located in either urbanized areas or urban clusters, and 905 were located in what is classified as a rural area.
Homeownership rate in Tupelo is about 62.3%.
Tupelo's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Tupelo were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 9.80% |
| Two Bedrooms | 28.40% |
| Three Bedrooms | 43.20% |
| Four Bedrooms | 15.10% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $92,800 |
| Median Price asked for vacant units | $90,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $347 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 5.20% |
| Simple Mortgage | 54.50% |
| Debt Free | 32.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
