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Milam, TX Real Estate


According to census data in the year 2000 there were 1,006 housing units in Milam.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,006 were located in what is classified as a rural area.

Homeownership rate in Milam is about 89.8%. Milam's vacancy rate, including seasonal lodging, is about 41.3%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Milam were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom9.30%
Two Bedrooms38.80%
Three Bedrooms41.40%
Four Bedrooms9.80%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1980
Median Value of occupied units$75,000
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1977
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan5.40%
Simple Mortgage28.20%
Debt Free66.40%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs11.3%