Commerce, CA Real Estate
According to census data in the year 2000 there were 3,380 housing units in Commerce.
This represents a 1.5% growth from 3,330 in 1990.
Of those housing units, 3,380 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Commerce is about 47.4%.
Commerce's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 3.8 people.
The majority of houses, apartments or condos in Commerce were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 14.30% |
| One Bedroom | 27.10% |
| Two Bedrooms | 30.20% |
| Three Bedrooms | 22.60% |
| Four Bedrooms | 5.40% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 4.14 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $156,000 |
| Median Price asked for vacant units | $219,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.48 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $571 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.10% |
| Home Equity Loan | 3.20% |
| Simple Mortgage | 52.20% |
| Debt Free | 33.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.7% |
