Cottage City, MD Real Estate
According to census data in the year 2000 there were 503 housing units in Cottage City.
This represents a 0.4% growth from 501 in 1990.
Of those housing units, 503 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cottage City is about 63.4%.
Cottage City's vacancy rate, including seasonal lodging, is about 7.6%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Cottage City were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 11.10% |
| One Bedroom | 19.10% |
| Two Bedrooms | 22.50% |
| Three Bedrooms | 35.20% |
| Four Bedrooms | 8% |
| Five Bedrooms or more | 4.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $105,300 |
| Median Price asked for vacant units | $96,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.77 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $517 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.10% |
| Second Mortgage | 14.30% |
| Home Equity Loan | 6.80% |
| Simple Mortgage | 58.90% |
| Debt Free | 18.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.1% |
