Grand Junction, CO Real Estate
According to census data in the year 2000 there were 18,872 housing units in Grand Junction.
This represents a 37.8% growth from 13,698 in 1990.
Of those housing units, 18,381 were located in either urbanized areas or urban clusters, and 491 were located in what is classified as a rural area.
Homeownership rate in Grand Junction is about 63%.
Grand Junction's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Grand Junction were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.70% |
| One Bedroom | 14.50% |
| Two Bedrooms | 30.80% |
| Three Bedrooms | 37.70% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $121,500 |
| Median Price asked for vacant units | $88,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $462 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 51.70% |
| Debt Free | 32.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
