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Washington Heights, NY Real Estate


According to census data in the year 2000 there were 533 housing units in Washington Heights. This represents a 15.4% growth from 462 in 1990.

Of those housing units, 533 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Washington Heights is about 77%. Washington Heights's vacancy rate, including seasonal lodging, is about 5.3%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Washington Heights were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type7.10%
One Bedroom8.10%
Two Bedrooms18.40%
Three Bedrooms41.80%
Four Bedrooms18.40%
Five Bedrooms or more6.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1961
Median Value of occupied units$105,500

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1956

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.50%
Home Equity Loan5.10%
Simple Mortgage57.80%
Debt Free34.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%