Rancho Mirage, CA Real Estate
According to census data in the year 2000 there were 11,643 housing units in Rancho Mirage.
This represents a 24.4% growth from 9,360 in 1990.
Of those housing units, 11,019 were located in either urbanized areas or urban clusters, and 624 were located in what is classified as a rural area.
Homeownership rate in Rancho Mirage is about 83.6%.
Rancho Mirage's vacancy rate, including seasonal lodging, is about 43.2%.
Average household size is 1.94 people.
The majority of houses, apartments or condos in Rancho Mirage were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 13.90% |
| Two Bedrooms | 37.90% |
| Three Bedrooms | 38.90% |
| Four Bedrooms | 5.80% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $288,100 |
| Median Price asked for vacant units | $184,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $910 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 4.10% |
| Simple Mortgage | 49.60% |
| Debt Free | 43.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
