Hempstead, TX Real Estate
According to census data in the year 2000 there were 1,787 housing units in Hempstead.
This represents a 15.7% growth from 1,545 in 1990.
Of those housing units, 1,606 were located in either urbanized areas or urban clusters, and 181 were located in what is classified as a rural area.
Homeownership rate in Hempstead is about 57.9%.
Hempstead's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.72 people.
The majority of houses, apartments or condos in Hempstead were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 11.60% |
| Two Bedrooms | 40.90% |
| Three Bedrooms | 37.60% |
| Four Bedrooms | 8.10% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $71,700 |
| Median Price asked for vacant units | $450,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.82 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $318 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.20% |
| Home Equity Loan | 4% |
| Simple Mortgage | 40.40% |
| Debt Free | 51.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.3% |
