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Arnold, MD Real Estate


According to census data in the year 2000 there were 8,614 housing units in Arnold. This represents a 19% growth from 7,238 in 1990.

Of those housing units, 8,614 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Arnold is about 85.5%. Arnold's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.76 people.

The majority of houses, apartments or condos in Arnold were built after 1979.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom3.10%
Two Bedrooms14.30%
Three Bedrooms42.80%
Four Bedrooms31.40%
Five Bedrooms or more8.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.86
Median year structure was built1979
Median Value of occupied units$182,400
Median Price asked for vacant units$190,600

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1978
Median Monthly Rent asked for vacant units$941

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage12.40%
Home Equity Loan8.60%
Simple Mortgage64.80%
Debt Free13.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%