Mercedes, TX Real Estate

According to census data in the year 2000 there were 5,452 housing units in Mercedes. This represents a 34.9% growth from 4,042 in 1990.

Of those housing units, 5,452 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mercedes is about 62.7%. Mercedes's vacancy rate, including seasonal lodging, is about 24.7%. Average household size is 3.38 people.

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


Housing Size

Housing Units by Size
Studio Type6.30%
One Bedroom18.90%
Two Bedrooms32.60%
Three Bedrooms33.60%
Four Bedrooms7.40%
Five Bedrooms or more1.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.26
Median year structure was built1973
Median Value of occupied units$40,100
Median Price asked for vacant units$12,900

Rented Homes, Apartments and Condos

Average Household Size3.58
Median year structure was built1970
Median Monthly Rent asked for vacant units$198

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage0.40%
Home Equity Loan3.10%
Simple Mortgage34.90%
Debt Free61.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16%