Milpitas, CA Real Estate
According to census data in the year 2000 there were 17,369 housing units in Milpitas.
This represents a 20.1% growth from 14,465 in 1990.
Of those housing units, 17,276 were located in either urbanized areas or urban clusters, and 93 were located in what is classified as a rural area.
Homeownership rate in Milpitas is about 69.7%.
Milpitas's vacancy rate, including seasonal lodging, is about 1.3%.
Average household size is 3.47 people.
The majority of houses, apartments or condos in Milpitas were built after 1976.
|Housing Units by Size|
|Five Bedrooms or more||3.80%|
Owned Homes, Apartments and Condos
|Average Household Size||3.53|
|Median year structure was built||1976|
|Median Value of occupied units||$372,900|
|Median Price asked for vacant units||$440,600|
Rented Homes, Apartments and Condos
|Average Household Size||3.35|
|Median year structure was built||1977|
|Median Monthly Rent asked for vacant units||$1,309|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||9.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||22%|