Morrilton, AR Real Estate
According to census data in the year 2000 there were 2,922 housing units in Morrilton.
This represents a 1.1% growth from 2,891 in 1990.
Of those housing units, 2,539 were located in either urbanized areas or urban clusters, and 383 were located in what is classified as a rural area.
Homeownership rate in Morrilton is about 62%.
Morrilton's vacancy rate, including seasonal lodging, is about 10.3%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Morrilton were built after 1967.
|Housing Units by Size|
|Five Bedrooms or more||1.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.23|
|Median year structure was built||1966|
|Median Value of occupied units||$58,900|
|Median Price asked for vacant units||$39,200|
Rented Homes, Apartments and Condos
|Average Household Size||2.59|
|Median year structure was built||1969|
|Median Monthly Rent asked for vacant units||$324|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16%|