New York Real Estate
According to census data in the year 2000 there were 7,679,307 housing units in New York.
This represents a 6.3% from 7,226,891 in 1990.
Of those housing units, 6,571,083 were located in either urbanized areas or urban clusters, and 1,108,224 were located in what is classified as a rural area.
Homeownership rate in New York is about 53%.
New York's vacancy rate, including seasonal lodging, is about 8.1%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in New York were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.2% |
| One Bedroom | 20.8% |
| Two Bedrooms | 26.5% |
| Three Bedrooms | 30.5% |
| Four Bedrooms | 12.8% |
| Five Bedrooms or more | 4.1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $148,700 |
| Median Price asked for vacant units | $94,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $517 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.1% |
| Second Mortgage | 5.4% |
| Home Equity Loan | 9.0% |
| Simple Mortgage | 53.2% |
| Debt Free | 32.1% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.4% |
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