Powder Springs, GA Real Estate
According to census data in the year 2000 there were 4,186 housing units in Powder Springs.
This represents a 68.5% growth from 2,485 in 1990.
Of those housing units, 4,160 were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.
Homeownership rate in Powder Springs is about 87.5%.
Powder Springs's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 3.13 people.
The majority of houses, apartments or condos in Powder Springs were built after 1988.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.20% |
| Two Bedrooms | 8.90% |
| Three Bedrooms | 60% |
| Four Bedrooms | 24.10% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.07 |
| Median year structure was built | 1989 |
| Median Value of occupied units | $114,800 |
| Median Price asked for vacant units | $125,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.53 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $734 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 13.10% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 69.10% |
| Debt Free | 10.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
