Magalia, CA Real Estate
According to census data in the year 2000 there were 4,749 housing units in Magalia.
This represents a 13.3% growth from 4,191 in 1990.
Of those housing units, 4,058 were located in either urbanized areas or urban clusters, and 691 were located in what is classified as a rural area.
Homeownership rate in Magalia is about 82.1%.
Magalia's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Magalia were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 6.10% |
| Two Bedrooms | 56% |
| Three Bedrooms | 34.30% |
| Four Bedrooms | 2.40% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $126,100 |
| Median Price asked for vacant units | $151,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.19 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $588 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 8.50% |
| Simple Mortgage | 42.30% |
| Debt Free | 40.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20% |
