Wilmington, MA Real Estate
According to census data in the year 2000 there were 7,158 housing units in Wilmington.
This represents a 26.3% growth from 5,667 in 1990.
Of those housing units, 7,158 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Wilmington is about 90.4%.
Wilmington's vacancy rate, including seasonal lodging, is about 1.8%.
Average household size is 3 people.
The majority of houses, apartments or condos in Wilmington were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.10% |
| One Bedroom | 3.60% |
| Two Bedrooms | 16.20% |
| Three Bedrooms | 52.30% |
| Four Bedrooms | 23.60% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.03 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $221,900 |
| Median Price asked for vacant units | $95,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $759 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 9.60% |
| Simple Mortgage | 59.80% |
| Debt Free | 23.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
