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Decatur, AR Real Estate


According to census data in the year 2000 there were 542 housing units in Decatur. This represents a 48.1% growth from 366 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 542 were located in what is classified as a rural area.

Homeownership rate in Decatur is about 54.5%. Decatur's vacancy rate, including seasonal lodging, is about 13.7%. Average household size is 2.87 people.

The majority of houses, apartments or condos in Decatur were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom10%
Two Bedrooms34.10%
Three Bedrooms50%
Four Bedrooms5.40%
Five Bedrooms or more0.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1973
Median Value of occupied units$60,900
Median Price asked for vacant units$54,200

Rented Homes, Apartments and Condos

Average Household Size2.93
Median year structure was built1978
Median Monthly Rent asked for vacant units$374

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.80%
Home Equity Loan0.90%
Simple Mortgage66.70%
Debt Free30.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%