Arbutus, MD Real Estate
According to census data in the year 2000 there were 8,380 housing units in Arbutus.
This represents a 5.2% growth from 7,966 in 1990.
Of those housing units, 8,380 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Arbutus is about 69.2%.
Arbutus's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Arbutus were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 8.70% |
| Two Bedrooms | 27.50% |
| Three Bedrooms | 49.70% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $112,700 |
| Median Price asked for vacant units | $108,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $504 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 6% |
| Simple Mortgage | 54.60% |
| Debt Free | 32% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
