Borrego Springs, CA Real Estate
According to census data in the year 2000 there were 2,283 housing units in Borrego Springs.
This represents a 17.2% growth from 1,948 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 2,283 were located in what is classified as a rural area.
Homeownership rate in Borrego Springs is about 74.5%.
Borrego Springs's vacancy rate, including seasonal lodging, is about 49.1%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Borrego Springs were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 11.50% |
| Two Bedrooms | 55.50% |
| Three Bedrooms | 28.60% |
| Four Bedrooms | 2.80% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.01 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $143,800 |
| Median Price asked for vacant units | $144,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $2,001 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 0.90% |
| Simple Mortgage | 50.70% |
| Debt Free | 42.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
