Washington Terrace, UT Real Estate
According to census data in the year 2000 there were 3,159 housing units in Washington Terrace.
This represents a 9% growth from 2,898 in 1990.
Of those housing units, 3,159 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Washington Terrace is about 72.6%.
Washington Terrace's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 2.78 people.
The majority of houses, apartments or condos in Washington Terrace were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 4.40% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 27.20% |
| Four Bedrooms | 24.90% |
| Five Bedrooms or more | 10.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $108,900 |
| Median Price asked for vacant units | $92,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $526 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12.20% |
| Home Equity Loan | 7.90% |
| Simple Mortgage | 53.60% |
| Debt Free | 26.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
