Erie, PA Real Estate
According to census data in the year 2000 there were 44,973 housing units in Erie.
This represents a 1% decline from 45,424 in 1990.
Of those housing units, 44,937 were located in either urbanized areas or urban clusters, and 36 were located in what is classified as a rural area.
Homeownership rate in Erie is about 56.2%.
Erie's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Erie were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 14.90% |
| Two Bedrooms | 28.30% |
| Three Bedrooms | 39.20% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $65,900 |
| Median Price asked for vacant units | $54,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1944 |
| Median Monthly Rent asked for vacant units | $329 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 9.30% |
| Simple Mortgage | 44.80% |
| Debt Free | 39.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
