Chico, CA Real Estate
According to census data in the year 2000 there were 24,352 housing units in Chico.
This represents a 49.4% growth from 16,295 in 1990.
Of those housing units, 24,216 were located in either urbanized areas or urban clusters, and 136 were located in what is classified as a rural area.
Homeownership rate in Chico is about 39.7%.
Chico's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Chico were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.10% |
| One Bedroom | 18.40% |
| Two Bedrooms | 29.80% |
| Three Bedrooms | 33.50% |
| Four Bedrooms | 12.10% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $141,600 |
| Median Price asked for vacant units | $136,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $548 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 11.80% |
| Home Equity Loan | 7.60% |
| Simple Mortgage | 56.90% |
| Debt Free | 23.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.7% |
