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Rumford, ME Real Estate


According to census data in the year 2000 there were 2,532 housing units in Rumford. This represents a 3.5% decline from 2,623 in 1990.

Of those housing units, 2,145 were located in either urbanized areas or urban clusters, and 387 were located in what is classified as a rural area.

Homeownership rate in Rumford is about 52.9%. Rumford's vacancy rate, including seasonal lodging, is about 13%. Average household size is 2.1 people.

The majority of houses, apartments or condos in Rumford were built after 1941.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom11.60%
Two Bedrooms31.70%
Three Bedrooms39.10%
Four Bedrooms13%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1942
Median Value of occupied units$64,000
Median Price asked for vacant units$39,400

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1941
Median Monthly Rent asked for vacant units$319

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.30%
Home Equity Loan10.10%
Simple Mortgage41.40%
Debt Free44.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%