Hereford, TX Real Estate
According to census data in the year 2000 there were 5,274 housing units in Hereford.
This represents a 2.4% decline from 5,404 in 1990.
Of those housing units, 5,235 were located in either urbanized areas or urban clusters, and 39 were located in what is classified as a rural area.
Homeownership rate in Hereford is about 65.6%.
Hereford's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.97 people.
The majority of houses, apartments or condos in Hereford were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 12.50% |
| Two Bedrooms | 30.40% |
| Three Bedrooms | 45% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.08 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $46,000 |
| Median Price asked for vacant units | $23,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $273 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 1% |
| Home Equity Loan | 3.30% |
| Simple Mortgage | 50.60% |
| Debt Free | 44.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
