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Gorman, TX Real Estate


According to census data in the year 2000 there were 560 housing units in Gorman. This represents a 8% decline from 609 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 560 were located in what is classified as a rural area.

Homeownership rate in Gorman is about 75.4%. Gorman's vacancy rate, including seasonal lodging, is about 17.9%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Gorman were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type2.90%
One Bedroom15.70%
Two Bedrooms44.60%
Three Bedrooms31.10%
Four Bedrooms4.50%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1956
Median Value of occupied units$27,800
Median Price asked for vacant units$18,300

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1960
Median Monthly Rent asked for vacant units$128

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.40%
Home Equity Loan0.70%
Simple Mortgage26.40%
Debt Free70.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.8%