Nazareth, PA Real Estate
According to census data in the year 2000 there were 2,658 housing units in Nazareth.
This represents a 4.4% growth from 2,546 in 1990.
Of those housing units, 2,658 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Nazareth is about 55.2%.
Nazareth's vacancy rate, including seasonal lodging, is about 3.7%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Nazareth were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.90% |
| One Bedroom | 17.50% |
| Two Bedrooms | 26% |
| Three Bedrooms | 42.10% |
| Four Bedrooms | 8.40% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $107,600 |
| Median Price asked for vacant units | $86,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.74 |
| Median year structure was built | 1947 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 11.50% |
| Simple Mortgage | 45.10% |
| Debt Free | 39.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
