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Scotland, TX Real Estate


According to census data in the year 2000 there were 175 housing units in Scotland. This represents a 12.1% decline from 199 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 175 were located in what is classified as a rural area.

Homeownership rate in Scotland is about 87.8%. Scotland's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Scotland were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom6.30%
Two Bedrooms28%
Three Bedrooms49.70%
Four Bedrooms11.40%
Five Bedrooms or more3.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1976
Median Value of occupied units$51,300

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1970

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.70%
Home Equity Loan4.60%
Simple Mortgage34.50%
Debt Free55.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.3%