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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 Type1.40%
One Bedroom19.20%
Two Bedrooms36.50%
Three Bedrooms31.40%
Four Bedrooms10.20%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1959
Median Value of occupied units$104,100
Median Price asked for vacant units$102,100

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1974
Median Monthly Rent asked for vacant units$621

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.40%
Home Equity Loan12.20%
Simple Mortgage45.10%
Debt Free35%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%