Sierra Madre, CA Real Estate
According to census data in the year 2000 there were 4,923 housing units in Sierra Madre.
This represents a 1.1% growth from 4,868 in 1990.
Of those housing units, 4,923 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Sierra Madre is about 62.5%.
Sierra Madre's vacancy rate, including seasonal lodging, is about 3.4%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Sierra Madre were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.60% |
| One Bedroom | 13.60% |
| Two Bedrooms | 31.60% |
| Three Bedrooms | 32.10% |
| Four Bedrooms | 13.70% |
| Five Bedrooms or more | 4.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $370,500 |
| Median Price asked for vacant units | $316,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.7 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $1,146 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 11% |
| Home Equity Loan | 9.50% |
| Simple Mortgage | 51.40% |
| Debt Free | 27.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.2% |
