Westminster, MD Real Estate
According to census data in the year 2000 there were 6,704 housing units in Westminster.
This represents a 22.6% growth from 5,469 in 1990.
Of those housing units, 6,634 were located in either urbanized areas or urban clusters, and 70 were located in what is classified as a rural area.
Homeownership rate in Westminster is about 53.7%.
Westminster's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Westminster were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.50% |
| One Bedroom | 18.90% |
| Two Bedrooms | 26.40% |
| Three Bedrooms | 38.50% |
| Four Bedrooms | 11.20% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $119,700 |
| Median Price asked for vacant units | $146,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $528 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 13.10% |
| Home Equity Loan | 8% |
| Simple Mortgage | 61.30% |
| Debt Free | 17.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.9% |
