Colonial Park, PA Real Estate
According to census data in the year 2000 there were 6,503 housing units in Colonial Park.
This represents a 0.7% decline from 6,546 in 1990.
Of those housing units, 6,503 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Colonial Park is about 49.7%.
Colonial Park's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.1 people.
The majority of houses, apartments or condos in Colonial Park were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 19.20% |
| Two Bedrooms | 36.50% |
| Three Bedrooms | 31.40% |
| Four Bedrooms | 10.20% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $104,100 |
| Median Price asked for vacant units | $102,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $621 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 12.20% |
| Simple Mortgage | 45.10% |
| Debt Free | 35% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
