Rapids, NY Real Estate
According to census data in the year 2000 there were 563 housing units in Rapids.
This represents a 19.3% growth from 472 in 1990.
Of those housing units, 402 were located in either urbanized areas or urban clusters, and 161 were located in what is classified as a rural area.
Homeownership rate in Rapids is about 90.4%.
Rapids's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Rapids were built after 1982.
|Housing Units by Size|
|Five Bedrooms or more||1.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.54|
|Median year structure was built||1982|
|Median Value of occupied units||$97,300|
Rented Homes, Apartments and Condos
|Average Household Size||3.04|
|Median year structure was built||1990|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||12.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||23.6%|