Hermann, MO Real Estate
According to census data in the year 2000 there were 1,282 housing units in Hermann.
This represents a 3.1% growth from 1,243 in 1990.
Of those housing units, 1,201 were located in either urbanized areas or urban clusters, and 81 were located in what is classified as a rural area.
Homeownership rate in Hermann is about 70.3%.
Hermann's vacancy rate, including seasonal lodging, is about 10.2%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Hermann were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 13% |
| Two Bedrooms | 28.10% |
| Three Bedrooms | 42.60% |
| Four Bedrooms | 13.30% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $76,100 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $327 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 2.90% |
| Simple Mortgage | 47.60% |
| Debt Free | 49.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.8% |
