Central Manchester, CT Real Estate
According to census data in the year 2000 there were 13,629 housing units in Central Manchester.
This represents a 1.4% growth from 13,443 in 1990.
Of those housing units, 13,629 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Central Manchester is about 54.1%.
Central Manchester's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Central Manchester were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 17.80% |
| Two Bedrooms | 31.60% |
| Three Bedrooms | 41.20% |
| Four Bedrooms | 6.90% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $113,200 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1947 |
| Median Monthly Rent asked for vacant units | $640 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 49.80% |
| Debt Free | 33.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
