West Laurel, MD Real Estate
According to census data in the year 2000 there were 1,461 housing units in West Laurel.
This represents a 6.8% growth from 1,368 in 1990.
Of those housing units, 1,448 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.
Homeownership rate in West Laurel is about 95.6%.
West Laurel's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 2.84 people.
The majority of houses, apartments or condos in West Laurel were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.30% |
| Two Bedrooms | 2.60% |
| Three Bedrooms | 32.20% |
| Four Bedrooms | 49.20% |
| Five Bedrooms or more | 14.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $177,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1965 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 12.20% |
| Home Equity Loan | 10.30% |
| Simple Mortgage | 55.10% |
| Debt Free | 21.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.1% |
