River Oaks, TX Real Estate
According to census data in the year 2000 there were 2,851 housing units in River Oaks.
This represents a 0.9% decline from 2,877 in 1990.
Of those housing units, 2,851 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in River Oaks is about 75%.
River Oaks's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in River Oaks were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 6.90% |
| Two Bedrooms | 50.50% |
| Three Bedrooms | 36.20% |
| Four Bedrooms | 3.70% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $51,100 |
| Median Price asked for vacant units | $53,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $368 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.90% |
| Home Equity Loan | 2.90% |
| Simple Mortgage | 45.40% |
| Debt Free | 50.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
