Garden City, NY Real Estate
According to census data in the year 2000 there were 7,549 housing units in Garden City.
This represents a 2.2% decline from 7,716 in 1990.
Of those housing units, 7,549 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Garden City is about 93.3%.
Garden City's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.83 people.
The majority of houses, apartments or condos in Garden City were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 7.80% |
| Two Bedrooms | 8.80% |
| Three Bedrooms | 38.40% |
| Four Bedrooms | 29.60% |
| Five Bedrooms or more | 15% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $460,000 |
| Median Price asked for vacant units | $1,000,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1941 |
| Median Monthly Rent asked for vacant units | $1,489 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 10.50% |
| Simple Mortgage | 50.60% |
| Debt Free | 35.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.7% |
