Lutherville-Timonium, MD Real Estate
According to census data in the year 2000 there were 6,601 housing units in Lutherville-Timonium.
This represents a 0.1% growth from 6,596 in 1990.
Of those housing units, 6,601 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lutherville-Timonium is about 82.6%.
Lutherville-Timonium's vacancy rate, including seasonal lodging, is about 2%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Lutherville-Timonium were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 8.20% |
| Two Bedrooms | 11.40% |
| Three Bedrooms | 52.10% |
| Four Bedrooms | 22.80% |
| Five Bedrooms or more | 5.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $170,700 |
| Median Price asked for vacant units | $170,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $675 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 8.40% |
| Simple Mortgage | 42.90% |
| Debt Free | 42% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
