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Armonk, NY Real Estate


According to census data in the year 2000 there were 1,201 housing units in Armonk. This represents a 25.5% growth from 957 in 1990.

Of those housing units, 1,123 were located in either urbanized areas or urban clusters, and 78 were located in what is classified as a rural area.

Homeownership rate in Armonk is about 90.2%. Armonk's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 3.05 people.

The majority of houses, apartments or condos in Armonk were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom1.70%
Two Bedrooms10%
Three Bedrooms37.30%
Four Bedrooms36.60%
Five Bedrooms or more13.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.06
Median year structure was built1965
Median Value of occupied units$531,300
Median Price asked for vacant units$1,000,001

Rented Homes, Apartments and Condos

Average Household Size2.93
Median year structure was built1940
Median Monthly Rent asked for vacant units$1,125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.10%
Second Mortgage4.60%
Home Equity Loan13.20%
Simple Mortgage55.80%
Debt Free24.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.6%