Groves, TX Real Estate
According to census data in the year 2000 there were 6,584 housing units in Groves.
This represents a 0.1% growth from 6,576 in 1990.
Of those housing units, 6,584 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Groves is about 78.8%.
Groves's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Groves were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 8.20% |
| Two Bedrooms | 27.10% |
| Three Bedrooms | 53.90% |
| Four Bedrooms | 9.50% |
| Five Bedrooms or more | 0.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $61,000 |
| Median Price asked for vacant units | $58,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $473 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.50% |
| Home Equity Loan | 4.30% |
| Simple Mortgage | 42.30% |
| Debt Free | 51.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.4% |
