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Rankin, PA Real Estate


According to census data in the year 2000 there were 1,126 housing units in Rankin. This represents a 5.1% decline from 1,186 in 1990.

Of those housing units, 1,126 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Rankin is about 41.9%. Rankin's vacancy rate, including seasonal lodging, is about 11%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Rankin were built after 1943.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom17.60%
Two Bedrooms41.40%
Three Bedrooms34.30%
Four Bedrooms5.20%
Five Bedrooms or more1.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2
Median year structure was built1939
Median Value of occupied units$25,700
Median Price asked for vacant units$15,600

Rented Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1950
Median Monthly Rent asked for vacant units$367

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.60%
Home Equity Loan1%
Simple Mortgage37.10%
Debt Free59.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%