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Magazine, AR Real Estate


According to census data in the year 2000 there were 393 housing units in Magazine. This represents a 10.4% growth from 356 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 393 were located in what is classified as a rural area.

Homeownership rate in Magazine is about 76.5%. Magazine's vacancy rate, including seasonal lodging, is about 13.5%. Average household size is 2.71 people.

The majority of houses, apartments or condos in Magazine were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom12.20%
Two Bedrooms31.30%
Three Bedrooms46.30%
Four Bedrooms7.60%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1966
Median Value of occupied units$40,800
Median Price asked for vacant units$15,000

Rented Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1975
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.10%
Home Equity Loan2.60%
Simple Mortgage54.50%
Debt Free40.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.5%