Riverside, CA Real Estate
According to census data in the year 2000 there were 86,044 housing units in Riverside.
This represents a 7.2% growth from 80,240 in 1990.
Of those housing units, 85,981 were located in either urbanized areas or urban clusters, and 63 were located in what is classified as a rural area.
Homeownership rate in Riverside is about 56.7%.
Riverside's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 3.01 people.
The majority of houses, apartments or condos in Riverside were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.70% |
| One Bedroom | 18.40% |
| Two Bedrooms | 23.80% |
| Three Bedrooms | 31.10% |
| Four Bedrooms | 17.90% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.24 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $138,500 |
| Median Price asked for vacant units | $122,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $588 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 13.40% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 62.70% |
| Debt Free | 18.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.5% |
