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McDonald, OH Real Estate


According to census data in the year 2000 there were 1,338 housing units in McDonald. This represents a 9.2% growth from 1,225 in 1990.

Of those housing units, 1,338 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in McDonald is about 86.9%. McDonald's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 2.65 people.

The majority of houses, apartments or condos in McDonald were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom1.60%
Two Bedrooms18.60%
Three Bedrooms64.50%
Four Bedrooms12.90%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1962
Median Value of occupied units$87,000
Median Price asked for vacant units$24,800

Rented Homes, Apartments and Condos

Average Household Size1.8
Median year structure was built1949
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.10%
Home Equity Loan12.80%
Simple Mortgage39.50%
Debt Free39.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%