Bowie, MD Real Estate
According to census data in the year 2000 there were 18,622 housing units in Bowie.
This represents a 42.5% growth from 13,066 in 1990.
Of those housing units, 18,577 were located in either urbanized areas or urban clusters, and 45 were located in what is classified as a rural area.
Homeownership rate in Bowie is about 85.2%.
Bowie's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.73 people.
The majority of houses, apartments or condos in Bowie were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 5% |
| Two Bedrooms | 9.70% |
| Three Bedrooms | 39.60% |
| Four Bedrooms | 37.80% |
| Five Bedrooms or more | 7.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $158,100 |
| Median Price asked for vacant units | $161,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1987 |
| Median Monthly Rent asked for vacant units | $825 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 10.40% |
| Home Equity Loan | 11.30% |
| Simple Mortgage | 65.60% |
| Debt Free | 12.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
