Pennsylvania Real Estate
According to census data in the year 2000 there were 5,249,750 housing units in Pennsylvania.
This represents a 6.3% from 4,938,140 in 1990.
Of those housing units, 4,012,005 were located in either urbanized areas or urban clusters, and 1,237,745 were located in what is classified as a rural area.
Homeownership rate in Pennsylvania is about 71.3%.
Pennsylvania's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Pennsylvania were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.6% |
| One Bedroom | 11.4% |
| Two Bedrooms | 24.7% |
| Three Bedrooms | 43.3% |
| Four Bedrooms | 15.4% |
| Five Bedrooms or more | 3.7% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $97,000 |
| Median Price asked for vacant units | $70,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $409 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.1% |
| Second Mortgage | 5.9% |
| Home Equity Loan | 10.0% |
| Simple Mortgage | 46.0% |
| Debt Free | 37.8% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
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