Farrell, PA Real Estate
According to census data in the year 2000 there were 2,756 housing units in Farrell.
This represents a 9% decline from 3,030 in 1990.
Of those housing units, 2,756 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Farrell is about 70%.
Farrell's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Farrell were built after 1944.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 10.60% |
| Two Bedrooms | 26.20% |
| Three Bedrooms | 52.20% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $43,700 |
| Median Price asked for vacant units | $37,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1945 |
| Median Monthly Rent asked for vacant units | $163 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 31.60% |
| Debt Free | 58.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
