Madison Center, CT Real Estate
According to census data in the year 2000 there were 1,230 housing units in Madison Center.
This represents a 6% growth from 1,160 in 1990.
Of those housing units, 1,230 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Madison Center is about 63.5%.
Madison Center's vacancy rate, including seasonal lodging, is about 17.6%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Madison Center were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 21.10% |
| Two Bedrooms | 19.30% |
| Three Bedrooms | 24.20% |
| Four Bedrooms | 23.70% |
| Five Bedrooms or more | 11.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $294,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.54 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $850 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 10.50% |
| Home Equity Loan | 8.90% |
| Simple Mortgage | 45.50% |
| Debt Free | 34.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.5% |
