Rankin, TX Real Estate
According to census data in the year 2000 there were 377 housing units in Rankin.
This represents a 15.1% decline from 444 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 377 were located in what is classified as a rural area.
Homeownership rate in Rankin is about 76.1%.
Rankin's vacancy rate, including seasonal lodging, is about 18.8%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Rankin were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.20% |
| Two Bedrooms | 25.20% |
| Three Bedrooms | 50.90% |
| Four Bedrooms | 11.10% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $24,800 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $175 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 26.80% |
| Debt Free | 73.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.4% |
