Torrington, CT Real Estate
According to census data in the year 2000 there were 16,147 housing units in Torrington.
This represents a 6.5% growth from 15,161 in 1990.
Of those housing units, 13,799 were located in either urbanized areas or urban clusters, and 2,348 were located in what is classified as a rural area.
Homeownership rate in Torrington is about 64.6%.
Torrington's vacancy rate, including seasonal lodging, is about 8.7%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Torrington were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 13.20% |
| Two Bedrooms | 33.80% |
| Three Bedrooms | 38.20% |
| Four Bedrooms | 9.80% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $117,400 |
| Median Price asked for vacant units | $97,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $529 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 6.50% |
| Simple Mortgage | 56.10% |
| Debt Free | 30.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.5% |
