Shannon, MS Real Estate
According to census data in the year 2000 there were 680 housing units in Shannon.
This represents a 15.8% growth from 587 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 680 were located in what is classified as a rural area.
Homeownership rate in Shannon is about 61.1%.
Shannon's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Shannon were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 11.80% |
| Two Bedrooms | 35.10% |
| Three Bedrooms | 40.60% |
| Four Bedrooms | 9.60% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $68,500 |
| Median Price asked for vacant units | $50,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $331 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 0% |
| Simple Mortgage | 34.50% |
| Debt Free | 57.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.4% |
