Kermit, TX Real Estate
According to census data in the year 2000 there were 2,572 housing units in Kermit.
This represents a 13.8% decline from 2,985 in 1990.
Of those housing units, 2,562 were located in either urbanized areas or urban clusters, and 10 were located in what is classified as a rural area.
Homeownership rate in Kermit is about 82.8%.
Kermit's vacancy rate, including seasonal lodging, is about 19%.
Average household size is 2.72 people.
The majority of houses, apartments or condos in Kermit were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 6.20% |
| Two Bedrooms | 40.20% |
| Three Bedrooms | 45.60% |
| Four Bedrooms | 5.90% |
| Five Bedrooms or more | 0.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $28,700 |
| Median Price asked for vacant units | $11,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.30% |
| Home Equity Loan | 0.70% |
| Simple Mortgage | 29.50% |
| Debt Free | 68.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
