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Mineral Ridge, OH Real Estate


According to census data in the year 2000 there were 1,404 housing units in Mineral Ridge. This represents a 2.9% growth from 1,365 in 1990.

Of those housing units, 1,370 were located in either urbanized areas or urban clusters, and 34 were located in what is classified as a rural area.

Homeownership rate in Mineral Ridge is about 75.3%. Mineral Ridge's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Mineral Ridge were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type3.30%
One Bedroom7.80%
Two Bedrooms23.60%
Three Bedrooms53.50%
Four Bedrooms10.80%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1972
Median Value of occupied units$94,300

Rented Homes, Apartments and Condos

Average Household Size1.66
Median year structure was built1971
Median Monthly Rent asked for vacant units$247

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.70%
Second Mortgage9.60%
Home Equity Loan17.90%
Simple Mortgage47.90%
Debt Free22.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%