Cerritos, CA Real Estate
According to census data in the year 2000 there were 15,612 housing units in Cerritos.
This represents a 1.6% growth from 15,364 in 1990.
Of those housing units, 15,612 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cerritos is about 83.5%.
Cerritos's vacancy rate, including seasonal lodging, is about 1.4%.
Average household size is 3.34 people.
The majority of houses, apartments or condos in Cerritos were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 4.50% |
| Two Bedrooms | 12% |
| Three Bedrooms | 32.20% |
| Four Bedrooms | 41.80% |
| Five Bedrooms or more | 6.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.27 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $281,000 |
| Median Price asked for vacant units | $301,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.72 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $1,188 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 12.90% |
| Home Equity Loan | 10.50% |
| Simple Mortgage | 62% |
| Debt Free | 14.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.1% |
