Ithaca, NY Real Estate
According to census data in the year 2000 there were 10,716 housing units in Ithaca.
This represents a 6.4% growth from 10,075 in 1990.
Of those housing units, 10,716 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Ithaca is about 25.7%.
Ithaca's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.1 people.
The majority of houses, apartments or condos in Ithaca were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 10.90% |
| One Bedroom | 27.30% |
| Two Bedrooms | 22.20% |
| Three Bedrooms | 22.40% |
| Four Bedrooms | 11.70% |
| Five Bedrooms or more | 5.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $96,200 |
| Median Price asked for vacant units | $96,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $483 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 8.30% |
| Simple Mortgage | 55.70% |
| Debt Free | 28.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.3% |
