Essex Village, CT Real Estate
According to census data in the year 2000 there were 1,328 housing units in Essex Village.
This represents a 6.5% growth from 1,247 in 1990.
Of those housing units, 1,042 were located in either urbanized areas or urban clusters, and 286 were located in what is classified as a rural area.
Homeownership rate in Essex Village is about 81.1%.
Essex Village's vacancy rate, including seasonal lodging, is about 10.7%.
Average household size is 2.1 people.
The majority of houses, apartments or condos in Essex Village were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 10.40% |
| Two Bedrooms | 22.80% |
| Three Bedrooms | 39.60% |
| Four Bedrooms | 19.70% |
| Five Bedrooms or more | 7.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $336,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.38 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $850 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 8.50% |
| Simple Mortgage | 51.70% |
| Debt Free | 34.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
