Farmingdale, ME Real Estate
According to census data in the year 2000 there were 920 housing units in Farmingdale.
This represents a 1.1% growth from 910 in 1990.
Of those housing units, 920 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Farmingdale is about 64.9%.
Farmingdale's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.15 people.
The majority of houses, apartments or condos in Farmingdale were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 15.40% |
| Two Bedrooms | 35.90% |
| Three Bedrooms | 34.80% |
| Four Bedrooms | 11.60% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $87,300 |
| Median Price asked for vacant units | $100,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $379 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.80% |
| Home Equity Loan | 13.90% |
| Simple Mortgage | 49.70% |
| Debt Free | 34.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
