Allentown, PA Real Estate
According to census data in the year 2000 there were 45,960 housing units in Allentown.
This represents a 0.7% growth from 45,636 in 1990.
Of those housing units, 45,960 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Allentown is about 53%.
Allentown's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Allentown were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.70% |
| One Bedroom | 21.10% |
| Two Bedrooms | 23.70% |
| Three Bedrooms | 35.20% |
| Four Bedrooms | 10.50% |
| Five Bedrooms or more | 6.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $76,900 |
| Median Price asked for vacant units | $65,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $483 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 5.70% |
| Home Equity Loan | 9.60% |
| Simple Mortgage | 47% |
| Debt Free | 37.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.2% |
