Gloucester City, NJ Real Estate
According to census data in the year 2000 there were 4,612 housing units in Gloucester City.
This represents a 6.5% decline from 4,934 in 1990.
Of those housing units, 4,612 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Gloucester City is about 73.8%.
Gloucester City's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Gloucester City were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||3.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.88|
|Median year structure was built||1939|
|Median Value of occupied units||$79,500|
|Median Price asked for vacant units||$52,100|
Rented Homes, Apartments and Condos
|Average Household Size||2.24|
|Median year structure was built||1942|
|Median Monthly Rent asked for vacant units||$535|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||10.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||21.5%|