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Menlo, GA Real Estate


According to census data in the year 2000 there were 247 housing units in Menlo. This represents a 2.8% decline from 254 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 247 were located in what is classified as a rural area.

Homeownership rate in Menlo is about 61.5%. Menlo's vacancy rate, including seasonal lodging, is about 5.3%. Average household size is 2.18 people.

The majority of houses, apartments or condos in Menlo were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom13.80%
Two Bedrooms32%
Three Bedrooms46.20%
Four Bedrooms6.10%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1963
Median Value of occupied units$57,300
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size1.82
Median year structure was built1964
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.70%
Home Equity Loan3.50%
Simple Mortgage39.80%
Debt Free54%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%