Federalsburg, MD Real Estate
According to census data in the year 2000 there were 1,157 housing units in Federalsburg.
This represents a 14.2% growth from 1,013 in 1990.
Of those housing units, 1,157 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Federalsburg is about 46.4%.
Federalsburg's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Federalsburg were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 20.10% |
| Two Bedrooms | 29.70% |
| Three Bedrooms | 37.20% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $84,300 |
| Median Price asked for vacant units | $83,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $407 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 6.80% |
| Simple Mortgage | 49.40% |
| Debt Free | 37.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
