Covina, CA Real Estate
According to census data in the year 2000 there were 16,430 housing units in Covina.
This represents a 2% growth from 16,110 in 1990.
Of those housing units, 16,430 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Covina is about 58.7%.
Covina's vacancy rate, including seasonal lodging, is about 2.5%.
Average household size is 2.91 people.
The majority of houses, apartments or condos in Covina were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.60% |
| One Bedroom | 16.90% |
| Two Bedrooms | 25% |
| Three Bedrooms | 36.20% |
| Four Bedrooms | 14.90% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.02 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $189,500 |
| Median Price asked for vacant units | $192,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $855 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 14.30% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 61.10% |
| Debt Free | 18.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.1% |
