East Palo Alto, CA Real Estate
According to census data in the year 2000 there were 7,059 housing units in East Palo Alto.
This represents a 4% decline from 7,351 in 1990.
Of those housing units, 7,059 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in East Palo Alto is about 43.3%.
East Palo Alto's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 4.22 people.
The majority of houses, apartments or condos in East Palo Alto were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 20.50% |
| One Bedroom | 24.40% |
| Two Bedrooms | 21.50% |
| Three Bedrooms | 25% |
| Four Bedrooms | 6.60% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 4.71 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $302,100 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.84 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $644 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 14.20% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 60.30% |
| Debt Free | 18% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 24.6% |
