Shady Grove township-Greene County Arkansas Area Home Supply Charts

This page looks at a variety of Shady Grove township-Greene County Arkansas housing market data taken from the most recent 2019 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Shady Grove township-Greene County indicates it has a housing units of 97 which is the second smallest in terms of housing units of all the other places in the area.

Figure 2 illustrates the housing density in the Shady Grove township-Greene County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Shady Grove township-Greene County depicts it has a housing density of 4.4 which is the smallest in terms of housing density of all the other places in the metro area. The city with the highest housing density in the area is Bono which depicts a density of 737.4 ( very much bigger). Comparing housing density to the United States average of 38.6, Shady Grove township-Greene County is approximately a tenth the size. Also, versus the state of Arkansas, housing density of 26.1, Shady Grove township-Greene County is approximately a sixth the size.

In Figure 4, Shady Grove township-Greene County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Shady Grove township-Greene County shows it has a change in the housing units of 14.1% which is in the mid range of other places in the metropolitan area. The city with the highest change in the housing units in the area is OKean which shows a housing units of 67.4% (approximately 4.8 times bigger). Comparing change in the housing units to the United States average of 4.9%, Shady Grove township-Greene County is approximately 2.9 times bigger. Also, measured against the state of Arkansas, change in the housing units of 3.5%, Shady Grove township-Greene County is approximately 4.1 times bigger. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 100.0% which is the largest of all places in the greater Shady Grove township-Greene County region.

Shady Grove township-Greene County Arkansas Home Cost Charts

Looking at the housing data provided in Figure 7, the average Shady Grove township-Greene County home price is illustrated for this community and a useful analysis of affordable housing. Shady Grove township-Greene County shows it has a median home price of $62,700 which is less than most other places in the greater region. The city with the highest median home price in the area is Bono which shows a home price of $95,500 (52.3% larger).

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Shady Grove township-Greene County has one of the largest proportions of home price worth less than $50,000 at 45% of the total and is ranked #2. The only larger city being OKean with 77%.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Shady Grove township-Greene County depicts it has a median ownership cost of $252 which is the smallest when ranked by median ownership cost of all the other places in the area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Shady Grove township-Greene County metro area. it has a cost as a percent of household income of 9% which is the smallest when sorted by cost as a percent of household income of all the other places in the metro area. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Shady Grove township-Greene County depicts it has a median home value as a percent of median worker earnings of 180% which is the second smallest in terms of median home value as a percent of median worker earnings of all the other places in the local area. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a median housing cost of $276 which is less than most other places in the metro area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Shady Grove township-Greene County has the largest proportion of owner cost less than $300 at 63% of the total and is ranked #1. Second, it has one of the largest proportions of owner cost between $300 and $500 at 74% of the total and is ranked #2. The only larger city being Egypt with 86%. Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Shady Grove township-Greene County shows it has a cost as a percent of household income of 9% which is the second smallest in terms of cost as a percent of household income of all the other places in the local area. The city with the highest cost as a percent of household income in the area is Egypt which shows a cost as a percent of household income of 32% (approximately 3.5 times bigger).

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Shady Grove township-Greene County has the largest proportion of housing cost less than $300 at 63% of the total and is ranked #1. Second, it has the largest proportion of housing cost between $300 and $500 at 37% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a median real estate taxes paid of $268 which is the second smallest in terms of median real estate taxes paid of all the other places in the local area. The city with the highest median real estate taxes paid in the area is Bono which depicts a taxes paid of $438 (63.4% larger). Comparing median real estate taxes paid to the United States average of $2,375, Shady Grove township-Greene County is approximately a tenth the size. Also, compared to the state of Arkansas, median real estate taxes paid of $776, Shady Grove township-Greene County is approximately a third the size.

Shady Grove township-Greene County Arkansas Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Shady Grove township-Greene County has the largest proportion of no mortgage at 100% of the total and is ranked #1.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Shady Grove township-Greene County has the largest proportion of houses without mortgages at 100% of the total and is ranked #1.

Shady Grove township-Greene County Arkansas Home Characteristics Charts

The next section of charts provide a wide range of metrics related to the housing market physical characteristics which can be useful for a real estate investor. Figure 27 looks at the number of people living in a typical house in the real estate market starting with the average household size (families and non families). Shady Grove township-Greene County has the smallest proportion of housing density at 1.6 of the total. Figure 28 shows the household size for families living in the area and it has a family members per housing unit of 2.0 which is the smallest as measured by family members per housing unit of all the other places in the greater region. The city with the highest family members per housing unit in the area is Hoxie which shows a family members per housing unit of 3.3 (65.7% larger). Comparing family members per housing unit to the United States average of 3.3, Shady Grove township-Greene County is approximately three-fourths the size. Also, compared to the state of Arkansas, family members per housing unit of 3.2, Shady Grove township-Greene County is approximately three-fourths the size.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has an average number of rooms in a house of 6.8 which is at the top of all other places in the greater Shady Grove township-Greene County region. Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a year built of 1963 which is the smallest in order of year built of all the other places in the area. The city with the highest year built in the area is Bono which depicts a year built of 1990 ( only slightly larger).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built between 1980 to 1989 at 24% of the total and is ranked #1. Second, it has the smallest proportion of homes built between 1970 to 1979 at 15% of the total. Third, it has less than most other places in the greater region in order of homes built between 1960 to 1969 at 15% of the total. Also, it has the largest proportion of homes built between 1950 to 1959 at 45% of the total and is ranked #1.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units in the mid range of other places in the local area at 84 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of mobile home at 24% of the total and is ranked #1.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. it has one of the largest proportions of occupied housing units at 87% of the total and is ranked #3. Only #2 Bono (88%), and #1 Hoxie (89%) are larger. Second, it has less than most other places in the surrounding region in terms of vacant housing units at 13% of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Shady Grove township-Greene County residents. it has a homeowner household size of 1.6 which is the second smallest when sorted by homeowner household size of all the other places in the local area. The city with the highest homeowner household size in the area is Bono which shows a homeowner household size of 2.7 (64.6% larger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 1990 to 1999 at 30% of the total and is ranked #1. Second, it has the largest proportion of owners moved in 1989 or earlier at 70% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a median year that a home owner moved in of 1989 which is the second smallest when sorted by median year that a home owner moved in of all the other places in the greater region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has one of the largest proportions of home using bottled, tank, or lp gas at 36% of the total and is ranked #2. The only larger city being Sedgwick with 51%. Second, it has one of the largest proportions of home using electricity at 45% of the total and is ranked #2. The only larger city being Bono with 58%. Third, it has the largest proportion of homes using kerosene or other fuel oils at 19% of the total and is ranked #1.