Hico, TX Real Estate
According to census data in the year 2000 there were 641 housing units in Hico.
This represents a 4% decline from 668 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 641 were located in what is classified as a rural area.
Homeownership rate in Hico is about 72.4%.
Hico's vacancy rate, including seasonal lodging, is about 11.9%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Hico were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 11.10% |
| Two Bedrooms | 32.60% |
| Three Bedrooms | 48.80% |
| Four Bedrooms | 6.10% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $51,600 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $288 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.20% |
| Home Equity Loan | 1.80% |
| Simple Mortgage | 30.80% |
| Debt Free | 66.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
