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 Type | 0% |
| One Bedroom | 17.60% |
| Two Bedrooms | 41.40% |
| Three Bedrooms | 34.30% |
| Four Bedrooms | 5.20% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $25,700 |
| Median Price asked for vacant units | $15,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1950 |
| Median Monthly Rent asked for vacant units | $367 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 1% |
| Simple Mortgage | 37.10% |
| Debt Free | 59.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
