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Milton, DE Real Estate


According to census data in the year 2000 there were 820 housing units in Milton. This represents a 22.9% growth from 667 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 820 were located in what is classified as a rural area.

Homeownership rate in Milton is about 58.6%. Milton's vacancy rate, including seasonal lodging, is about 14.6%. Average household size is 2.35 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom9%
Two Bedrooms33.90%
Three Bedrooms43.70%
Four Bedrooms9%
Five Bedrooms or more3.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1942
Median Value of occupied units$88,200
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1983
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage5%
Home Equity Loan4.70%
Simple Mortgage47.10%
Debt Free42.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%