Mineral Springs, AR Real Estate
According to census data in the year 2000 there were 511 housing units in Mineral Springs.
This represents a 18.6% growth from 431 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 511 were located in what is classified as a rural area.
Homeownership rate in Mineral Springs is about 68.4%.
Mineral Springs's vacancy rate, including seasonal lodging, is about 10.2%.
Average household size is 2.72 people.
The majority of houses, apartments or condos in Mineral Springs were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 6.80% |
| Two Bedrooms | 33.30% |
| Three Bedrooms | 52.80% |
| Four Bedrooms | 5.50% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.66 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $51,300 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $238 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.80% |
| Home Equity Loan | 0.80% |
| Simple Mortgage | 57.70% |
| Debt Free | 40.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
