Villa Rica, GA Real Estate
According to census data in the year 2000 there were 1,812 housing units in Villa Rica.
This represents a 27.6% decline from 2,503 in 1990.
Of those housing units, 1,505 were located in either urbanized areas or urban clusters, and 307 were located in what is classified as a rural area.
Homeownership rate in Villa Rica is about 58.3%.
Villa Rica's vacancy rate, including seasonal lodging, is about 18.4%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Villa Rica were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.20% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 42.90% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $81,600 |
| Median Price asked for vacant units | $220,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $466 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.80% |
| Home Equity Loan | 6% |
| Simple Mortgage | 54.90% |
| Debt Free | 31.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
