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Monticello, MS Real Estate


According to census data in the year 2000 there were 763 housing units in Monticello. This represents a 4.5% decline from 799 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 763 were located in what is classified as a rural area.

Homeownership rate in Monticello is about 64.1%. Monticello's vacancy rate, including seasonal lodging, is about 8.7%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Monticello were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom11.30%
Two Bedrooms24.80%
Three Bedrooms51%
Four Bedrooms9.60%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1970
Median Value of occupied units$63,600
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1976
Median Monthly Rent asked for vacant units$383

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.80%
Home Equity Loan4.30%
Simple Mortgage47.80%
Debt Free43.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%