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Tunica, MS Real Estate


According to census data in the year 2000 there were 587 housing units in Tunica. This represents a 13.3% growth from 518 in 1990.

Of those housing units, 583 were located in either urbanized areas or urban clusters, and 4 were located in what is classified as a rural area.

Homeownership rate in Tunica is about 51.8%. Tunica's vacancy rate, including seasonal lodging, is about 9.2%. Average household size is 1.94 people.

The majority of houses, apartments or condos in Tunica were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type4.90%
One Bedroom21.80%
Two Bedrooms23.30%
Three Bedrooms38.70%
Four Bedrooms9%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1957
Median Value of occupied units$83,900
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.71
Median year structure was built1973
Median Monthly Rent asked for vacant units$388

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.40%
Home Equity Loan3.10%
Simple Mortgage37%
Debt Free52.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%