Marlborough, MA Real Estate
According to census data in the year 2000 there were 14,903 housing units in Marlborough.
This represents a 14.4% growth from 13,027 in 1990.
Of those housing units, 14,650 were located in either urbanized areas or urban clusters, and 253 were located in what is classified as a rural area.
Homeownership rate in Marlborough is about 61%.
Marlborough's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Marlborough were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 17.80% |
| Two Bedrooms | 29.40% |
| Three Bedrooms | 31% |
| Four Bedrooms | 15.90% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $190,600 |
| Median Price asked for vacant units | $267,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $1,016 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 61.40% |
| Debt Free | 22.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
