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Hico, TX Real Estate


According to census data in the year 2000 there were 641 housing units in Hico. This represents a 4% decline from 668 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 641 were located in what is classified as a rural area.

Homeownership rate in Hico is about 72.4%. Hico's vacancy rate, including seasonal lodging, is about 11.9%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Hico were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom11.10%
Two Bedrooms32.60%
Three Bedrooms48.80%
Four Bedrooms6.10%
Five Bedrooms or more0.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1966
Median Value of occupied units$51,600
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1965
Median Monthly Rent asked for vacant units$288

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.20%
Home Equity Loan1.80%
Simple Mortgage30.80%
Debt Free66.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%