West Memphis, AR Real Estate
According to census data in the year 2000 there were 11,016 housing units in West Memphis.
This represents a 4.9% growth from 10,505 in 1990.
Of those housing units, 10,955 were located in either urbanized areas or urban clusters, and 61 were located in what is classified as a rural area.
Homeownership rate in West Memphis is about 56.2%.
West Memphis's vacancy rate, including seasonal lodging, is about 8.7%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in West Memphis were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||1.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.84|
|Median year structure was built||1970|
|Median Value of occupied units||$63,700|
|Median Price asked for vacant units||$63,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.54|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$336|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||3.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.8%|