Georgia Real Estate
According to census data in the year 2000 there were 3,281,737 housing units in Georgia.
This represents a 24.4% from 2,638,418 in 1990.
Of those housing units, 2,320,217 were located in either urbanized areas or urban clusters, and 961,520 were located in what is classified as a rural area.
Homeownership rate in Georgia is about 67.5%.
Georgia's vacancy rate, including seasonal lodging, is about 8.4%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Georgia were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.6% |
| One Bedroom | 9.8% |
| Two Bedrooms | 26.2% |
| Three Bedrooms | 44% |
| Four Bedrooms | 14.8% |
| Five Bedrooms or more | 3.6% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $111,200 |
| Median Price asked for vacant units | $96,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $444 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.1% |
| Second Mortgage | 8.2% |
| Home Equity Loan | 8.0% |
| Simple Mortgage | 58.8% |
| Debt Free | 24.7% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
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