Cottonwood, TX Real Estate
According to census data in the year 2000 there were 68 housing units in Cottonwood.
This represents a 6.3% growth from 64 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 68 were located in what is classified as a rural area.
Homeownership rate in Cottonwood is about 90.6%.
Cottonwood's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in Cottonwood were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.90% |
| Two Bedrooms | 38.20% |
| Three Bedrooms | 45.60% |
| Four Bedrooms | 13.20% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $80,700 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 5.33 |
| Median year structure was built | 1945 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 15.20% |
| Simple Mortgage | 72.70% |
| Debt Free | 12.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
