Milton, DE Real Estate
According to census data in the year 2000 there were 820 housing units in Milton.
This represents a 22.9% growth from 667 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 820 were located in what is classified as a rural area.
Homeownership rate in Milton is about 58.6%.
Milton's vacancy rate, including seasonal lodging, is about 14.6%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Milton were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 9% |
| Two Bedrooms | 33.90% |
| Three Bedrooms | 43.70% |
| Four Bedrooms | 9% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $88,200 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 5% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 47.10% |
| Debt Free | 42.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
