Hugo, CO Real Estate
According to census data in the year 2000 there were 446 housing units in Hugo.
This represents a 16.4% growth from 383 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 446 were located in what is classified as a rural area.
Homeownership rate in Hugo is about 66.4%.
Hugo's vacancy rate, including seasonal lodging, is about 20%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Hugo were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 9.90% |
| Two Bedrooms | 32.10% |
| Three Bedrooms | 37% |
| Four Bedrooms | 13.50% |
| Five Bedrooms or more | 7.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $70,200 |
| Median Price asked for vacant units | $86,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $363 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 3.90% |
| Simple Mortgage | 47.80% |
| Debt Free | 44% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
