Tallmadge, OH Real Estate
According to census data in the year 2000 there were 6,490 housing units in Tallmadge.
This represents a 13.9% growth from 5,696 in 1990.
Of those housing units, 6,342 were located in either urbanized areas or urban clusters, and 148 were located in what is classified as a rural area.
Homeownership rate in Tallmadge is about 80%.
Tallmadge's vacancy rate, including seasonal lodging, is about 3.4%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Tallmadge were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 7.30% |
| Two Bedrooms | 20.30% |
| Three Bedrooms | 48.40% |
| Four Bedrooms | 20.10% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $139,800 |
| Median Price asked for vacant units | $134,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $544 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 13.20% |
| Simple Mortgage | 42.60% |
| Debt Free | 38.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
