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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 Type1.10%
One Bedroom8.70%
Two Bedrooms27.50%
Three Bedrooms49.70%
Four Bedrooms11%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1954
Median Value of occupied units$112,700
Median Price asked for vacant units$108,900

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1955
Median Monthly Rent asked for vacant units$504

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.20%
Home Equity Loan6%
Simple Mortgage54.60%
Debt Free32%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%