Oak City, UT Real Estate
According to census data in the year 2000 there were 197 housing units in Oak City.
This represents a 8.2% growth from 182 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 197 were located in what is classified as a rural area.
Homeownership rate in Oak City is about 85.1%.
Oak City's vacancy rate, including seasonal lodging, is about 11.7%.
Average household size is 3.79 people.
The majority of houses, apartments or condos in Oak City were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 3% |
| Two Bedrooms | 10.20% |
| Three Bedrooms | 31.50% |
| Four Bedrooms | 21.30% |
| Five Bedrooms or more | 33% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.84 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $84,100 |
| Median Price asked for vacant units | $52,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.5 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 6.30% |
| Simple Mortgage | 39.40% |
| Debt Free | 47.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
