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Georgetown, DE Real Estate


According to census data in the year 2000 there were 1,688 housing units in Georgetown. This represents a 22.7% growth from 1,376 in 1990.

Of those housing units, 1,599 were located in either urbanized areas or urban clusters, and 89 were located in what is classified as a rural area.

Homeownership rate in Georgetown is about 51.2%. Georgetown's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.83 people.

The majority of houses, apartments or condos in Georgetown were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom20.70%
Two Bedrooms30%
Three Bedrooms39.50%
Four Bedrooms7.20%
Five Bedrooms or more2.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1954
Median Value of occupied units$85,600
Median Price asked for vacant units$97,100

Rented Homes, Apartments and Condos

Average Household Size3.18
Median year structure was built1967

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.90%
Home Equity Loan3.30%
Simple Mortgage45.90%
Debt Free41.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%