Spearman, TX Real Estate
According to census data in the year 2000 there were 1,273 housing units in Spearman.
This represents a 8.1% decline from 1,385 in 1990.
Of those housing units, 1,273 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Spearman is about 77.6%.
Spearman's vacancy rate, including seasonal lodging, is about 10.7%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Spearman were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 12.20% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 51.50% |
| Four Bedrooms | 7.60% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $43,600 |
| Median Price asked for vacant units | $17,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0.50% |
| Simple Mortgage | 41.60% |
| Debt Free | 57.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
