Lepanto, AR Real Estate
According to census data in the year 2000 there were 884 housing units in Lepanto.
This represents a 2.4% growth from 863 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 884 were located in what is classified as a rural area.
Homeownership rate in Lepanto is about 58.4%.
Lepanto's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Lepanto were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 15.50% |
| Two Bedrooms | 34.60% |
| Three Bedrooms | 41% |
| Four Bedrooms | 6.30% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $44,500 |
| Median Price asked for vacant units | $42,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $222 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 1.40% |
| Simple Mortgage | 46.10% |
| Debt Free | 48.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
