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Paonia, CO Real Estate


According to census data in the year 2000 there were 710 housing units in Paonia. This represents a 6.6% growth from 666 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 710 were located in what is classified as a rural area.

Homeownership rate in Paonia is about 71.1%. Paonia's vacancy rate, including seasonal lodging, is about 11.8%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Paonia were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom10.40%
Two Bedrooms32.50%
Three Bedrooms42.30%
Four Bedrooms9.70%
Five Bedrooms or more3.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1962
Median Value of occupied units$106,500
Median Price asked for vacant units$90,800

Rented Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1950
Median Monthly Rent asked for vacant units$463

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.70%
Home Equity Loan3.90%
Simple Mortgage43.30%
Debt Free46.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18%