Chicopee, MA Real Estate
According to census data in the year 2000 there were 24,424 housing units in Chicopee.
This represents a 3.1% growth from 23,690 in 1990.
Of those housing units, 24,138 were located in either urbanized areas or urban clusters, and 286 were located in what is classified as a rural area.
Homeownership rate in Chicopee is about 59.3%.
Chicopee's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Chicopee were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 15.20% |
| Two Bedrooms | 37.60% |
| Three Bedrooms | 36% |
| Four Bedrooms | 7.50% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $104,900 |
| Median Price asked for vacant units | $122,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1950 |
| Median Monthly Rent asked for vacant units | $472 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 7.80% |
| Simple Mortgage | 46.50% |
| Debt Free | 40.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
