Midwest City, OK Real Estate
According to census data in the year 2000 there were 23,805 housing units in Midwest City.
This represents a 4.2% growth from 22,846 in 1990.
Of those housing units, 23,730 were located in either urbanized areas or urban clusters, and 75 were located in what is classified as a rural area.
Homeownership rate in Midwest City is about 61.3%.
Midwest City's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Midwest City were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 11.60% |
| Two Bedrooms | 26.70% |
| Three Bedrooms | 51.80% |
| Four Bedrooms | 7.70% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $63,500 |
| Median Price asked for vacant units | $41,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $394 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 4.40% |
| Simple Mortgage | 52.60% |
| Debt Free | 34.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
