Tea, SD Real Estate
According to census data in the year 2000 there were 602 housing units in Tea.
This represents a 130.7% growth from 261 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 602 were located in what is classified as a rural area.
Homeownership rate in Tea is about 84.4%.
Tea's vacancy rate, including seasonal lodging, is about 1.8%.
Average household size is 2.98 people.
The majority of houses, apartments or condos in Tea were built after 1991.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 3.80% |
| Two Bedrooms | 23.40% |
| Three Bedrooms | 48.80% |
| Four Bedrooms | 20.10% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.07 |
| Median year structure was built | 1992 |
| Median Value of occupied units | $97,400 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $663 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 15.50% |
| Home Equity Loan | 9.70% |
| Simple Mortgage | 65% |
| Debt Free | 8.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
