Salisbury, MD Real Estate
According to census data in the year 2000 there were 9,769 housing units in Salisbury.
This represents a 11.7% growth from 8,746 in 1990.
Of those housing units, 9,692 were located in either urbanized areas or urban clusters, and 77 were located in what is classified as a rural area.
Homeownership rate in Salisbury is about 38%.
Salisbury's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Salisbury were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 15.80% |
| Two Bedrooms | 34.60% |
| Three Bedrooms | 36.20% |
| Four Bedrooms | 10.10% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $81,700 |
| Median Price asked for vacant units | $66,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $422 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 53.70% |
| Debt Free | 33.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
