Millbrae, CA Real Estate
According to census data in the year 2000 there were 8,114 housing units in Millbrae.
This represents a 0.5% decline from 8,158 in 1990.
Of those housing units, 8,114 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Millbrae is about 64.1%.
Millbrae's vacancy rate, including seasonal lodging, is about 1.9%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Millbrae were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.80% |
| One Bedroom | 15.10% |
| Two Bedrooms | 23.30% |
| Three Bedrooms | 39.30% |
| Four Bedrooms | 14% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $552,500 |
| Median Price asked for vacant units | $539,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $1,121 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 10% |
| Simple Mortgage | 46.60% |
| Debt Free | 36.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.6% |
