Home

Hamburg, AR Real Estate


According to census data in the year 2000 there were 1,275 housing units in Hamburg. This represents a 1.7% growth from 1,254 in 1990.

Of those housing units, 1,143 were located in either urbanized areas or urban clusters, and 132 were located in what is classified as a rural area.

Homeownership rate in Hamburg is about 71.8%. Hamburg's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Hamburg were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom7.90%
Two Bedrooms28.90%
Three Bedrooms53.30%
Four Bedrooms7.50%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1969
Median Value of occupied units$48,700
Median Price asked for vacant units$31,100

Rented Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1968
Median Monthly Rent asked for vacant units$294

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan1.90%
Simple Mortgage37.40%
Debt Free56.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%