Severance, CO Real Estate
According to census data in the year 2000 there were 202 housing units in Severance.
This represents a 339.1% growth from 46 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 202 were located in what is classified as a rural area.
Homeownership rate in Severance is about 81.8%.
Severance's vacancy rate, including seasonal lodging, is about 2%.
Average household size is 3.15 people.
The majority of houses, apartments or condos in Severance were built after 1996.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.50% |
| One Bedroom | 3.50% |
| Two Bedrooms | 10.40% |
| Three Bedrooms | 64.40% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 5.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.27 |
| Median year structure was built | 1997 |
| Median Value of occupied units | $138,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $1,125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 19% |
| Home Equity Loan | 10.90% |
| Simple Mortgage | 66.70% |
| Debt Free | 3.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 25.6% |
