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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 Type3%
One Bedroom16.60%
Two Bedrooms27.80%
Three Bedrooms32.30%
Four Bedrooms15.20%
Five Bedrooms or more5%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1967
Median Value of occupied units$153,400
Median Price asked for vacant units$144,400

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1971
Median Monthly Rent asked for vacant units$511

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage4.70%
Home Equity Loan9.50%
Simple Mortgage42.70%
Debt Free42.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%