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Boones Mill, VA Real Estate


According to census data in the year 2000 there were 132 housing units in Boones Mill. This represents a 22.2% growth from 108 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 132 were located in what is classified as a rural area.

Homeownership rate in Boones Mill is about 55.5%. Boones Mill's vacancy rate, including seasonal lodging, is about 3%. Average household size is 2.18 people.

The majority of houses, apartments or condos in Boones Mill were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom13.60%
Two Bedrooms38.60%
Three Bedrooms31.80%
Four Bedrooms14.40%
Five Bedrooms or more1.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1951
Median Value of occupied units$89,000

Rented Homes, Apartments and Condos

Average Household Size1.86
Median year structure was built1981

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage12.70%
Home Equity Loan3.20%
Simple Mortgage41.30%
Debt Free42.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%