McAllen, TX Real Estate
According to census data in the year 2000 there were 37,906 housing units in McAllen.
This represents a 32.6% growth from 28,597 in 1990.
Of those housing units, 37,745 were located in either urbanized areas or urban clusters, and 161 were located in what is classified as a rural area.
Homeownership rate in McAllen is about 63.4%.
McAllen's vacancy rate, including seasonal lodging, is about 12.7%.
Average household size is 3.18 people.
The majority of houses, apartments or condos in McAllen were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.40% |
| One Bedroom | 16.80% |
| Two Bedrooms | 28.70% |
| Three Bedrooms | 36.70% |
| Four Bedrooms | 11.20% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.36 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $73,900 |
| Median Price asked for vacant units | $79,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.86 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $406 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 1.50% |
| Home Equity Loan | 2.40% |
| Simple Mortgage | 54.70% |
| Debt Free | 41.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
