Downey, CA Real Estate
According to census data in the year 2000 there were 34,759 housing units in Downey.
This represents a 1.3% growth from 34,302 in 1990.
Of those housing units, 34,759 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Downey is about 51.8%.
Downey's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 3.11 people.
The majority of houses, apartments or condos in Downey were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 7.80% |
| One Bedroom | 22.70% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 30.10% |
| Four Bedrooms | 6.60% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.31 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $209,700 |
| Median Price asked for vacant units | $177,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $759 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9.80% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 57.50% |
| Debt Free | 27.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.5% |
