El Monte, CA Real Estate
According to census data in the year 2000 there were 27,744 housing units in El Monte.
This represents a 2.1% growth from 27,167 in 1990.
Of those housing units, 27,744 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in El Monte is about 41%.
El Monte's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 4.25 people.
The majority of houses, apartments or condos in El Monte were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 11.70% |
| One Bedroom | 28.30% |
| Two Bedrooms | 30.80% |
| Three Bedrooms | 23.10% |
| Four Bedrooms | 5.50% |
| Five Bedrooms or more | 0.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.86 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $158,100 |
| Median Price asked for vacant units | $152,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 4.52 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $606 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 6% |
| Simple Mortgage | 63.50% |
| Debt Free | 22.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.1% |
