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Tupelo, MS Real Estate


According to census data in the year 2000 there were 14,633 housing units in Tupelo. This represents a 18.6% growth from 12,335 in 1990.

Of those housing units, 13,728 were located in either urbanized areas or urban clusters, and 905 were located in what is classified as a rural area.

Homeownership rate in Tupelo is about 62.3%. Tupelo's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.47 people.

The majority of houses, apartments or condos in Tupelo were built after 1976.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom9.80%
Two Bedrooms28.40%
Three Bedrooms43.20%
Four Bedrooms15.10%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1976
Median Value of occupied units$92,800
Median Price asked for vacant units$90,300

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1975
Median Monthly Rent asked for vacant units$347

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.20%
Home Equity Loan5.20%
Simple Mortgage54.50%
Debt Free32.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%