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Scotland, SD Real Estate


According to census data in the year 2000 there were 468 housing units in Scotland. This represents a 5.6% decline from 496 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 468 were located in what is classified as a rural area.

Homeownership rate in Scotland is about 77.5%. Scotland's vacancy rate, including seasonal lodging, is about 14.5%. Average household size is 2.09 people.

The majority of houses, apartments or condos in Scotland were built after 1946.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom11.10%
Two Bedrooms37.80%
Three Bedrooms34.60%
Four Bedrooms12.60%
Five Bedrooms or more3.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1944
Median Value of occupied units$34,500
Median Price asked for vacant units$25,000

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1961
Median Monthly Rent asked for vacant units$208

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.10%
Home Equity Loan3.20%
Simple Mortgage35%
Debt Free59.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.3%