Union Bridge, MD Real Estate
According to census data in the year 2000 there were 418 housing units in Union Bridge.
This represents a 12.7% growth from 371 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 418 were located in what is classified as a rural area.
Homeownership rate in Union Bridge is about 55.6%.
Union Bridge's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Union Bridge were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 11.20% |
| Two Bedrooms | 27% |
| Three Bedrooms | 41.10% |
| Four Bedrooms | 15.60% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $111,300 |
| Median Price asked for vacant units | $129,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $500 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12% |
| Home Equity Loan | 12.60% |
| Simple Mortgage | 48.20% |
| Debt Free | 27.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
