Wilmington Island, GA Real Estate
According to census data in the year 2000 there were 5,946 housing units in Wilmington Island.
This represents a 30.6% growth from 4,552 in 1990.
Of those housing units, 5,712 were located in either urbanized areas or urban clusters, and 234 were located in what is classified as a rural area.
Homeownership rate in Wilmington Island is about 75.3%.
Wilmington Island's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Wilmington Island were built after 1983.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 5.70% |
| Two Bedrooms | 21.20% |
| Three Bedrooms | 48.20% |
| Four Bedrooms | 21.70% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $132,400 |
| Median Price asked for vacant units | $129,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.62 |
| Median year structure was built | 1986 |
| Median Monthly Rent asked for vacant units | $577 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.70% |
| Home Equity Loan | 13.40% |
| Simple Mortgage | 55.40% |
| Debt Free | 19.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
