Manufactured Homes: The Market Facts
2002 Report
Demographics:
Who Are Owners of Manufactured Homes?
It’s
only retired people, right? (Wrong.) Or mostly single-parent families?
(Nope.)
What’s the marital status of manufactured home owners? What’s their net worth? What’s their education level? Have a look at some of the highlights of the 2002 study:
- Homeowners’ average age continues to rise
– it’s up to an average of 54.1, from 52.6 in 1999. (Those
baby boomers just keep getting older!)
- Forty-seven percent have some college education;
eighteen percent have a degree.
- Married couples, at 56%, make up the majority
of households.
- More than half are employed full time, and 30%
are retired.
- Household income is up: the median is $28,900.
- Average household size is 2.3 people.
The results tell the story - it's a diverse group we're
working with. The old stereotypes of who lives in a manufactured home
just don't match up with the reality. People from all stages of life are
finding that manufactured home living is a good fit for them.
> For details: Demographic
Charts
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Trends and Characteristics