Gilbert, AZ Real Estate
According to census data in the year 2000 there were 37,052 housing units in Gilbert.
This represents a 247.7% growth from 10,655 in 1990.
Of those housing units, 36,759 were located in either urbanized areas or urban clusters, and 293 were located in what is classified as a rural area.
Homeownership rate in Gilbert is about 84.9%.
Gilbert's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 3.1 people.
The majority of houses, apartments or condos in Gilbert were built after 1995.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 4% |
| Two Bedrooms | 11.70% |
| Three Bedrooms | 41.50% |
| Four Bedrooms | 32% |
| Five Bedrooms or more | 10.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.18 |
| Median year structure was built | 1996 |
| Median Value of occupied units | $157,300 |
| Median Price asked for vacant units | $171,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1990 |
| Median Monthly Rent asked for vacant units | $695 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 13.50% |
| Home Equity Loan | 11.40% |
| Simple Mortgage | 68.30% |
| Debt Free | 6.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.8% |
