Papaikou, HI Real Estate
According to census data in the year 2000 there were 504 housing units in Papaikou.
This represents a 8.5% decline from 551 in 1990.
Of those housing units, 478 were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.
Homeownership rate in Papaikou is about 76.5%.
Papaikou's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 3 people.
The majority of houses, apartments or condos in Papaikou were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 8.50% |
| Two Bedrooms | 21% |
| Three Bedrooms | 49% |
| Four Bedrooms | 13.10% |
| Five Bedrooms or more | 6.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $120,900 |
| Median Price asked for vacant units | $77,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.43 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $675 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 2.50% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 26.60% |
| Debt Free | 65.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13% |
