Philadelphia, MS Real Estate
According to census data in the year 2000 there were 3,329 housing units in Philadelphia.
This represents a 15.8% growth from 2,875 in 1990.
Of those housing units, 2,879 were located in either urbanized areas or urban clusters, and 450 were located in what is classified as a rural area.
Homeownership rate in Philadelphia is about 66.6%.
Philadelphia's vacancy rate, including seasonal lodging, is about 10.4%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Philadelphia were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 11.70% |
| Two Bedrooms | 29.90% |
| Three Bedrooms | 47.10% |
| Four Bedrooms | 8.10% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $56,200 |
| Median Price asked for vacant units | $61,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $304 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 3.30% |
| Simple Mortgage | 47.80% |
| Debt Free | 44.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
