Joppatowne, MD Real Estate
According to census data in the year 2000 there were 4,548 housing units in Joppatowne.
This represents a 11.9% growth from 4,064 in 1990.
Of those housing units, 4,529 were located in either urbanized areas or urban clusters, and 19 were located in what is classified as a rural area.
Homeownership rate in Joppatowne is about 76.6%.
Joppatowne's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Joppatowne were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5% |
| Two Bedrooms | 23.10% |
| Three Bedrooms | 42.90% |
| Four Bedrooms | 25.40% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $130,000 |
| Median Price asked for vacant units | $100,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $514 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 11.30% |
| Home Equity Loan | 13% |
| Simple Mortgage | 54.40% |
| Debt Free | 21% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.3% |
