Long Beach, CA Real Estate
According to census data in the year 2000 there were 171,659 housing units in Long Beach.
This represents a 0.7% growth from 170,388 in 1990.
Of those housing units, 171,659 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Long Beach is about 41.1%.
Long Beach's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 2.77 people.
The majority of houses, apartments or condos in Long Beach were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 14.20% |
| One Bedroom | 28.90% |
| Two Bedrooms | 31.30% |
| Three Bedrooms | 19.90% |
| Four Bedrooms | 4.60% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.82 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $210,000 |
| Median Price asked for vacant units | $171,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $561 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 10.90% |
| Home Equity Loan | 5.70% |
| Simple Mortgage | 61% |
| Debt Free | 22.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.7% |
