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Morgan City, MS Real Estate


According to census data in the year 2000 there were 100 housing units in Morgan City. This represents a 88.7% growth from 53 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 100 were located in what is classified as a rural area.

Homeownership rate in Morgan City is about 78.4%. Morgan City's vacancy rate, including seasonal lodging, is about 3%. Average household size is 3.06 people.

The majority of houses, apartments or condos in Morgan City were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms31%
Three Bedrooms66%
Four Bedrooms3%
Five Bedrooms or more0%
As % of Housing Units
     

Owned Homes, Apartments and Condos

Average Household Size3
Median year structure was built1977
Median Value of occupied units$36,100
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size3.29
Median year structure was built1972

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan0%
Simple Mortgage45.80%
Debt Free49.20%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs35.8%