Hershey, PA Real Estate
According to census data in the year 2000 there were 5,876 housing units in Hershey.
This represents a 7% growth from 5,490 in 1990.
Of those housing units, 5,602 were located in either urbanized areas or urban clusters, and 274 were located in what is classified as a rural area.
Homeownership rate in Hershey is about 56.2%.
Hershey's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Hershey were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3% |
| One Bedroom | 16.60% |
| Two Bedrooms | 27.80% |
| Three Bedrooms | 32.30% |
| Four Bedrooms | 15.20% |
| Five Bedrooms or more | 5% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $153,400 |
| Median Price asked for vacant units | $144,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $511 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 4.70% |
| Home Equity Loan | 9.50% |
| Simple Mortgage | 42.70% |
| Debt Free | 42.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
