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Derby, CT Real Estate


According to census data in the year 2000 there were 5,568 housing units in Derby. This represents a 5.7% growth from 5,269 in 1990.

Of those housing units, 5,568 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Derby is about 58.1%. Derby's vacancy rate, including seasonal lodging, is about 5.7%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Derby were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom13.60%
Two Bedrooms36.30%
Three Bedrooms39.10%
Four Bedrooms7.10%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1960
Median Value of occupied units$136,600
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1942
Median Monthly Rent asked for vacant units$630

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage4.50%
Home Equity Loan8.60%
Simple Mortgage52.30%
Debt Free34.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.6%