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Salinas, CA Real Estate


According to census data in the year 2000 there were 39,612 housing units in Salinas. This represents a 14.6% growth from 34,577 in 1990.

Of those housing units, 39,603 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.

Homeownership rate in Salinas is about 50.1%. Salinas's vacancy rate, including seasonal lodging, is about 3.5%. Average household size is 3.66 people.

The majority of houses, apartments or condos in Salinas were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type14.80%
One Bedroom19.70%
Two Bedrooms26.50%
Three Bedrooms27.10%
Four Bedrooms10%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.73
Median year structure was built1972
Median Value of occupied units$195,700
Median Price asked for vacant units$229,200

Rented Homes, Apartments and Condos

Average Household Size3.58
Median year structure was built1973
Median Monthly Rent asked for vacant units$953

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage12.10%
Home Equity Loan6.40%
Simple Mortgage61.20%
Debt Free20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23%