South Gate, CA Real Estate
According to census data in the year 2000 there were 24,277 housing units in South Gate.
This represents a 5.8% growth from 22,946 in 1990.
Of those housing units, 24,277 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in South Gate is about 46.9%.
South Gate's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 4.15 people.
The majority of houses, apartments or condos in South Gate were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 18.30% |
| One Bedroom | 32.50% |
| Two Bedrooms | 30% |
| Three Bedrooms | 16.20% |
| Four Bedrooms | 2.50% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 4.51 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $161,400 |
| Median Price asked for vacant units | $158,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.82 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $540 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 4.10% |
| Simple Mortgage | 70.40% |
| Debt Free | 16.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 27% |
