Beverly, MA Real Estate
According to census data in the year 2000 there were 16,275 housing units in Beverly.
This represents a 4% growth from 15,652 in 1990.
Of those housing units, 16,275 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Beverly is about 60%.
Beverly's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Beverly were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 17.90% |
| Two Bedrooms | 27.10% |
| Three Bedrooms | 33.90% |
| Four Bedrooms | 15.50% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $224,800 |
| Median Price asked for vacant units | $209,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.84 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $820 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 10.80% |
| Simple Mortgage | 53.90% |
| Debt Free | 30.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.2% |
