Commerce, OK Real Estate
According to census data in the year 2000 there were 1,070 housing units in Commerce.
This represents a 3.3% decline from 1,107 in 1990.
Of those housing units, 1,066 were located in either urbanized areas or urban clusters, and 4 were located in what is classified as a rural area.
Homeownership rate in Commerce is about 68.7%.
Commerce's vacancy rate, including seasonal lodging, is about 9.6%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Commerce were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 15.90% |
| Two Bedrooms | 42.20% |
| Three Bedrooms | 35% |
| Four Bedrooms | 5.10% |
| Five Bedrooms or more | 0.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $33,900 |
| Median Price asked for vacant units | $22,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $257 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.30% |
| Home Equity Loan | 2.50% |
| Simple Mortgage | 47.60% |
| Debt Free | 48.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
