Towson, MD Real Estate
According to census data in the year 2000 there were 22,025 housing units in Towson.
This represents a 2.5% growth from 21,481 in 1990.
Of those housing units, 22,025 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Towson is about 59.6%.
Towson's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Towson were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 15.40% |
| Two Bedrooms | 26.80% |
| Three Bedrooms | 38.60% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 4.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $157,100 |
| Median Price asked for vacant units | $142,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.69 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $806 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 10.10% |
| Simple Mortgage | 51.10% |
| Debt Free | 31.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
