Cottonwood-Verde Village, AZ Real Estate
According to census data in the year 2000 there were 4,327 housing units in Cottonwood-Verde Village.
This represents a 35.2% growth from 3,200 in 1990.
Of those housing units, 4,212 were located in either urbanized areas or urban clusters, and 115 were located in what is classified as a rural area.
Homeownership rate in Cottonwood-Verde Village is about 81.5%.
Cottonwood-Verde Village's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Cottonwood-Verde Village were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 4.90% |
| Two Bedrooms | 35.50% |
| Three Bedrooms | 48.50% |
| Four Bedrooms | 8% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1986 |
| Median Value of occupied units | $114,900 |
| Median Price asked for vacant units | $115,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.1 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $503 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 10.30% |
| Simple Mortgage | 50.40% |
| Debt Free | 34.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
