Babylon, NY Real Estate
According to census data in the year 2000 there were 4,680 housing units in Babylon.
This represents a 3.2% growth from 4,536 in 1990.
Of those housing units, 4,680 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Babylon is about 76.2%.
Babylon's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Babylon were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 13.60% |
| Two Bedrooms | 17.20% |
| Three Bedrooms | 39% |
| Four Bedrooms | 22.20% |
| Five Bedrooms or more | 6.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $209,900 |
| Median Price asked for vacant units | $158,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $1,083 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 54.10% |
| Debt Free | 28.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.8% |
