Olton, TX Real Estate
According to census data in the year 2000 there were 853 housing units in Olton.
This represents a 1.2% growth from 843 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 853 were located in what is classified as a rural area.
Homeownership rate in Olton is about 74.4%.
Olton's vacancy rate, including seasonal lodging, is about 12.7%.
Average household size is 3 people.
The majority of houses, apartments or condos in Olton were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 11.10% |
| Two Bedrooms | 37.30% |
| Three Bedrooms | 42.70% |
| Four Bedrooms | 6.60% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $31,900 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.2 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $221 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 3.20% |
| Simple Mortgage | 27.10% |
| Debt Free | 69.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.9% |
