Elgin, OR Real Estate
According to census data in the year 2000 there were 711 housing units in Elgin.
This represents a 9% growth from 652 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 711 were located in what is classified as a rural area.
Homeownership rate in Elgin is about 70.8%.
Elgin's vacancy rate, including seasonal lodging, is about 10.5%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Elgin were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 5.90% |
| Two Bedrooms | 34.90% |
| Three Bedrooms | 47.40% |
| Four Bedrooms | 7.20% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.66 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $73,800 |
| Median Price asked for vacant units | $53,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $369 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 2.30% |
| Simple Mortgage | 54.50% |
| Debt Free | 40.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
