Medicine Park, OK Real Estate
According to census data in the year 2000 there were 254 housing units in Medicine Park.
This represents a 22.1% growth from 208 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 254 were located in what is classified as a rural area.
Homeownership rate in Medicine Park is about 60.6%.
Medicine Park's vacancy rate, including seasonal lodging, is about 35%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Medicine Park were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.70% |
| One Bedroom | 18.10% |
| Two Bedrooms | 46.90% |
| Three Bedrooms | 28.70% |
| Four Bedrooms | 0.80% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $48,800 |
| Median Price asked for vacant units | $30,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $250 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 45.90% |
| Debt Free | 54.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.8% |
