Morristown, SD Real Estate
According to census data in the year 2000 there were 48 housing units in Morristown.
This represents a 2% decline from 49 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 48 were located in what is classified as a rural area.
Homeownership rate in Morristown is about 70.3%.
Morristown's vacancy rate, including seasonal lodging, is about 22.9%.
Average household size is 2.19 people.
The majority of houses, apartments or condos in Morristown were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 6.30% |
| One Bedroom | 12.50% |
| Two Bedrooms | 41.70% |
| Three Bedrooms | 31.30% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $9,999 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 11.80% |
| Debt Free | 88.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 10.5% |
