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Ripley, MS Real Estate


According to census data in the year 2000 there were 2,322 housing units in Ripley. This represents a 6.4% growth from 2,183 in 1990.

Of those housing units, 1,888 were located in either urbanized areas or urban clusters, and 434 were located in what is classified as a rural area.

Homeownership rate in Ripley is about 63.2%. Ripley's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 2.35 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom5.70%
Two Bedrooms31.30%
Three Bedrooms52.80%
Four Bedrooms8.50%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1974
Median Value of occupied units$55,500
Median Price asked for vacant units$36,500

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1978
Median Monthly Rent asked for vacant units$279

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.70%
Home Equity Loan0.60%
Simple Mortgage40%
Debt Free55.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%