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Jericho, NY Real Estate


According to census data in the year 2000 there were 4,607 housing units in Jericho. This represents a 0.5% decline from 4,630 in 1990.

Of those housing units, 4,607 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Jericho is about 85.3%. Jericho's vacancy rate, including seasonal lodging, is about 1.2%. Average household size is 2.79 people.

The majority of houses, apartments or condos in Jericho were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom6.30%
Two Bedrooms9.70%
Three Bedrooms43.60%
Four Bedrooms35.30%
Five Bedrooms or more4.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.86
Median year structure was built1959
Median Value of occupied units$386,300
Median Price asked for vacant units$450,000

Rented Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1966

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.30%
Home Equity Loan13%
Simple Mortgage48.90%
Debt Free33.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.9%