Galion, OH Real Estate
According to census data in the year 2000 there were 5,245 housing units in Galion.
This represents a 1.5% growth from 5,169 in 1990.
Of those housing units, 5,175 were located in either urbanized areas or urban clusters, and 70 were located in what is classified as a rural area.
Homeownership rate in Galion is about 63.5%.
Galion's vacancy rate, including seasonal lodging, is about 7.3%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Galion were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 11.40% |
| Two Bedrooms | 32.30% |
| Three Bedrooms | 46% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 0.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $70,300 |
| Median Price asked for vacant units | $58,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $333 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 50.60% |
| Debt Free | 36.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
