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Rankin, TX Real Estate


According to census data in the year 2000 there were 377 housing units in Rankin. This represents a 15.1% decline from 444 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 377 were located in what is classified as a rural area.

Homeownership rate in Rankin is about 76.1%. Rankin's vacancy rate, including seasonal lodging, is about 18.8%. Average household size is 2.63 people.

The majority of houses, apartments or condos in Rankin were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12.20%
Two Bedrooms25.20%
Three Bedrooms50.90%
Four Bedrooms11.10%
Five Bedrooms or more0.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1960
Median Value of occupied units$24,800
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1960
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage26.80%
Debt Free73.20%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs11.4%