Memphis, NE Real Estate
According to census data in the year 2000 there were 46 housing units in Memphis.
This represents a 2.1% decline from 47 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.
Homeownership rate in Memphis is about 87%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Memphis were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.70% |
| Two Bedrooms | 15.20% |
| Three Bedrooms | 45.70% |
| Four Bedrooms | 26.10% |
| Five Bedrooms or more | 4.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $60,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 0% |
| Simple Mortgage | 38.70% |
| Debt Free | 54.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
