Beverly Hills, CA Real Estate
According to census data in the year 2000 there were 15,855 housing units in Beverly Hills.
This represents a 0.8% growth from 15,723 in 1990.
Of those housing units, 15,855 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Beverly Hills is about 43.5%.
Beverly Hills's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Beverly Hills were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 6.50% |
| One Bedroom | 29.20% |
| Two Bedrooms | 25.70% |
| Three Bedrooms | 17.40% |
| Four Bedrooms | 12.80% |
| Five Bedrooms or more | 8.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $1,000,001 |
| Median Price asked for vacant units | $1,000,001 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $1,172 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 6.90% |
| Simple Mortgage | 52.20% |
| Debt Free | 35.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
