Richmond Heights, OH Real Estate
According to census data in the year 2000 there were 5,060 housing units in Richmond Heights.
This represents a 12.4% growth from 4,503 in 1990.
Of those housing units, 5,060 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Richmond Heights is about 63%.
Richmond Heights's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Richmond Heights were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 20.70% |
| Two Bedrooms | 21.20% |
| Three Bedrooms | 39% |
| Four Bedrooms | 15.50% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $140,800 |
| Median Price asked for vacant units | $160,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $526 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 12.30% |
| Simple Mortgage | 45.50% |
| Debt Free | 36.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
