Milano, TX Real Estate
According to census data in the year 2000 there were 186 housing units in Milano.
This represents a 0% decline from 186 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 186 were located in what is classified as a rural area.
Homeownership rate in Milano is about 70.8%.
Milano's vacancy rate, including seasonal lodging, is about 17.2%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Milano were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.90% |
| One Bedroom | 3.80% |
| Two Bedrooms | 36% |
| Three Bedrooms | 40.30% |
| Four Bedrooms | 12.40% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $40,500 |
| Median Price asked for vacant units | $17,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $313 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 3.60% |
| Simple Mortgage | 21.80% |
| Debt Free | 70.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.6% |
