Elkins, AR Real Estate
According to census data in the year 2000 there were 525 housing units in Elkins.
This represents a 82.3% growth from 288 in 1990.
Of those housing units, 293 were located in either urbanized areas or urban clusters, and 232 were located in what is classified as a rural area.
Homeownership rate in Elkins is about 85.1%.
Elkins's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Elkins were built after 1986.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 3.40% |
| Two Bedrooms | 21.90% |
| Three Bedrooms | 64.60% |
| Four Bedrooms | 7.60% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1987 |
| Median Value of occupied units | $74,500 |
| Median Price asked for vacant units | $70,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.72 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $463 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 1.30% |
| Simple Mortgage | 62.10% |
| Debt Free | 30.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
