Morocco, IN Real Estate
According to census data in the year 2000 there were 511 housing units in Morocco.
This represents a 1.8% growth from 502 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 Morocco is about 72.4%.
Morocco's vacancy rate, including seasonal lodging, is about 8.4%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Morocco were built after 1944.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 13.70% |
| Two Bedrooms | 32.50% |
| Three Bedrooms | 39.90% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1940 |
| Median Value of occupied units | $65,500 |
| Median Price asked for vacant units | $46,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.60% |
| Second Mortgage | 2.20% |
| Home Equity Loan | 7.60% |
| Simple Mortgage | 48.40% |
| Debt Free | 40.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
