Mineral Ridge, OH Real Estate
According to census data in the year 2000 there were 1,404 housing units in Mineral Ridge.
This represents a 2.9% growth from 1,365 in 1990.
Of those housing units, 1,370 were located in either urbanized areas or urban clusters, and 34 were located in what is classified as a rural area.
Homeownership rate in Mineral Ridge is about 75.3%.
Mineral Ridge's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Mineral Ridge were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.30% |
| One Bedroom | 7.80% |
| Two Bedrooms | 23.60% |
| Three Bedrooms | 53.50% |
| Four Bedrooms | 10.80% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $94,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.66 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $247 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.70% |
| Second Mortgage | 9.60% |
| Home Equity Loan | 17.90% |
| Simple Mortgage | 47.90% |
| Debt Free | 22.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
