Richwood, TX Real Estate
According to census data in the year 2000 there were 1,264 housing units in Richwood.
This represents a 0.2% decline from 1,267 in 1990.
Of those housing units, 1,229 were located in either urbanized areas or urban clusters, and 35 were located in what is classified as a rural area.
Homeownership rate in Richwood is about 57.7%.
Richwood's vacancy rate, including seasonal lodging, is about 9.2%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Richwood were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.50% |
| One Bedroom | 23.30% |
| Two Bedrooms | 21.90% |
| Three Bedrooms | 44.80% |
| Four Bedrooms | 6.20% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.08 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $71,400 |
| Median Price asked for vacant units | $57,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.01 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $389 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 59.10% |
| Debt Free | 31.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
