King of Prussia, PA Real Estate
According to census data in the year 2000 there were 8,723 housing units in King of Prussia.
This represents a 4.1% growth from 8,376 in 1990.
Of those housing units, 8,723 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in King of Prussia is about 59.2%.
King of Prussia's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in King of Prussia were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3% |
| One Bedroom | 17.80% |
| Two Bedrooms | 25.50% |
| Three Bedrooms | 30.50% |
| Four Bedrooms | 20.90% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $157,800 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.7 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $898 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 11.30% |
| Simple Mortgage | 48% |
| Debt Free | 35.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
