Elgin, OK Real Estate
According to census data in the year 2000 there were 485 housing units in Elgin.
This represents a 12% growth from 433 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 485 were located in what is classified as a rural area.
Homeownership rate in Elgin is about 72.1%.
Elgin's vacancy rate, including seasonal lodging, is about 7.6%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Elgin were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 10.10% |
| Two Bedrooms | 25.60% |
| Three Bedrooms | 54% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $61,100 |
| Median Price asked for vacant units | $22,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $283 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.70% |
| Home Equity Loan | 1.10% |
| Simple Mortgage | 54.20% |
| Debt Free | 36.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
