Saratoga Springs, NY Real Estate
According to census data in the year 2000 there were 11,584 housing units in Saratoga Springs.
This represents a 7.7% growth from 10,751 in 1990.
Of those housing units, 11,063 were located in either urbanized areas or urban clusters, and 521 were located in what is classified as a rural area.
Homeownership rate in Saratoga Springs is about 55.8%.
Saratoga Springs's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Saratoga Springs were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.90% |
| One Bedroom | 18.20% |
| Two Bedrooms | 25.10% |
| Three Bedrooms | 32.90% |
| Four Bedrooms | 15.30% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $128,400 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.8 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $636 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 9.30% |
| Simple Mortgage | 55.30% |
| Debt Free | 28.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
