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Richwood, LA Real Estate


According to census data in the year 2000 there were 573 housing units in Richwood. This represents a 48.8% growth from 385 in 1990.

Of those housing units, 544 were located in either urbanized areas or urban clusters, and 29 were located in what is classified as a rural area.

Homeownership rate in Richwood is about 54.9%. Richwood's vacancy rate, including seasonal lodging, is about 11.7%. Average household size is 3.07 people.

The majority of houses, apartments or condos in Richwood were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom13.10%
Two Bedrooms33.50%
Three Bedrooms40.80%
Four Bedrooms9.80%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.03
Median year structure was built1976
Median Value of occupied units$34,700
Median Price asked for vacant units$22,500

Rented Homes, Apartments and Condos

Average Household Size3.12
Median year structure was built1984
Median Monthly Rent asked for vacant units$364

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1%
Home Equity Loan6.40%
Simple Mortgage40.10%
Debt Free52.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs26.1%