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Hugo, OK Real Estate


According to census data in the year 2000 there were 2,845 housing units in Hugo. This represents a 5.3% growth from 2,702 in 1990.

Of those housing units, 2,799 were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.

Homeownership rate in Hugo is about 54.2%. Hugo's vacancy rate, including seasonal lodging, is about 18.5%. Average household size is 2.25 people.

The majority of houses, apartments or condos in Hugo were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom13.50%
Two Bedrooms36.90%
Three Bedrooms42.10%
Four Bedrooms6%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1970
Median Value of occupied units$38,300
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1969
Median Monthly Rent asked for vacant units$215

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan1.30%
Simple Mortgage41.90%
Debt Free56.80%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%