Bangor, ME Real Estate
According to census data in the year 2000 there were 14,587 housing units in Bangor.
This represents a 1.5% growth from 14,366 in 1990.
Of those housing units, 13,771 were located in either urbanized areas or urban clusters, and 816 were located in what is classified as a rural area.
Homeownership rate in Bangor is about 47.4%.
Bangor's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.12 people.
The majority of houses, apartments or condos in Bangor were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.30% |
| One Bedroom | 22.40% |
| Two Bedrooms | 31.50% |
| Three Bedrooms | 29.10% |
| Four Bedrooms | 11.20% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $87,300 |
| Median Price asked for vacant units | $79,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1948 |
| Median Monthly Rent asked for vacant units | $419 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 12.70% |
| Simple Mortgage | 51.40% |
| Debt Free | 28.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
