Orange, CT Real Estate
According to census data in the year 2000 there were 4,870 housing units in Orange.
This represents a 7.2% growth from 4,544 in 1990.
Of those housing units, 4,704 were located in either urbanized areas or urban clusters, and 166 were located in what is classified as a rural area.
Homeownership rate in Orange is about 92.6%.
Orange's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.77 people.
The majority of houses, apartments or condos in Orange were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4% |
| Two Bedrooms | 11% |
| Three Bedrooms | 49.10% |
| Four Bedrooms | 30% |
| Five Bedrooms or more | 5.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $254,900 |
| Median Price asked for vacant units | $214,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $792 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 13.70% |
| Simple Mortgage | 47.30% |
| Debt Free | 35.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
