Payne, OH Real Estate
According to census data in the year 2000 there were 548 housing units in Payne.
This represents a 8.7% growth from 504 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 548 were located in what is classified as a rural area.
Homeownership rate in Payne is about 73.9%.
Payne's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Payne were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.40% |
| Two Bedrooms | 28.50% |
| Three Bedrooms | 51.60% |
| Four Bedrooms | 11.10% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $62,700 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $281 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.10% |
| Home Equity Loan | 8.60% |
| Simple Mortgage | 43.40% |
| Debt Free | 46% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.2% |
