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Ray City, GA Real Estate


According to census data in the year 2000 there were 351 housing units in Ray City. This represents a 25.8% growth from 279 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 351 were located in what is classified as a rural area.

Homeownership rate in Ray City is about 56.4%. Ray City's vacancy rate, including seasonal lodging, is about 15.1%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Ray City were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.10%
Two Bedrooms32.50%
Three Bedrooms49%
Four Bedrooms9.40%
Five Bedrooms or more2%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1973
Median Value of occupied units$59,500
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1975
Median Monthly Rent asked for vacant units$188

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.90%
Home Equity Loan0%
Simple Mortgage34.70%
Debt Free57.40%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs19.9%