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Red Oak Mortgage Quotes And Real Estate Information


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Red Oak Mortgage and Real Estate Facts

Overview

Red Oak has 2,670 houses and apartments. Of the houses, apartments, etc. in the city, about 69% are lived in by their owners, not renters.

Red Oak Mortgage

In Red Oak, 55% of housing owners are paying off a mortgage. It's about 14% of homeowners in the city that use a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Red Oak area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Red Oak Mortgage Statistics

CategoryValue
Homes With No Mortgage45%
With A Mortgage55%
First Mortgage Only40%
Second Mortgage or Home Equity Loan14%
Second Mortgage Only8%
Home Equity Loan Only6%

Red Oak Housing Expenses

CategoryValue
Owner Costs as % of Income15.7%
Median Real Estate Taxes (2000)$914

Red Oak Household Size

CategoryValue
Total Occupied2,670
1-Person Households34%
2-Person Households35%
3-Person Households14%
4-Person Households11%
5-Person Households5%
6-Person Households1%
7+-Person Households1%

Red Oak Housing Stock

CategoryValue
Median Year Built1950
Median Year Built (Owner Occupied)1946
Median Year Built (Renter Occupied)1955

Red Oak Home Heating

CategoryValue
Using Utility Co. Gas Heat86%
Using Bottled/Tank Gas Heat2%
Using Electric Heat11%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating1%
No Heating0%

Red Oak Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms38%
3 Bedrooms41%
4 Bedrooms17%
5+ Bedrooms3%
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