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Ridgeland, MS Real Estate


According to census data in the year 2000 there were 9,944 housing units in Ridgeland. This represents a 61.9% growth from 6,141 in 1990.

Of those housing units, 9,638 were located in either urbanized areas or urban clusters, and 306 were located in what is classified as a rural area.

Homeownership rate in Ridgeland is about 48.4%. Ridgeland's vacancy rate, including seasonal lodging, is about 6.8%. Average household size is 2.14 people.

The majority of houses, apartments or condos in Ridgeland were built after 1988.

Statistics

Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom23.10%
Two Bedrooms29.40%
Three Bedrooms31.70%
Four Bedrooms11.60%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1990
Median Value of occupied units$118,300
Median Price asked for vacant units$157,500

Rented Homes, Apartments and Condos

Average Household Size1.75
Median year structure was built1986
Median Monthly Rent asked for vacant units$518

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.90%
Home Equity Loan8.80%
Simple Mortgage67%
Debt Free17.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.2%