Commerce, GA Real Estate
According to census data in the year 2000 there were 2,230 housing units in Commerce.
This represents a 29.4% growth from 1,724 in 1990.
Of those housing units, 1,975 were located in either urbanized areas or urban clusters, and 255 were located in what is classified as a rural area.
Homeownership rate in Commerce is about 64.8%.
Commerce's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Commerce were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 5.60% |
| Two Bedrooms | 35.20% |
| Three Bedrooms | 50.10% |
| Four Bedrooms | 7.10% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $79,300 |
| Median Price asked for vacant units | $66,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $374 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 52.70% |
| Debt Free | 39.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
