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Oakland Borough, PA Real Estate


According to census data in the year 2000 there were 251 housing units in Oakland Borough. This represents a 3.5% decline from 260 in 1990.

Of those housing units, 251 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Oakland Borough is about 79.2%. Oakland Borough's vacancy rate, including seasonal lodging, is about 8%. Average household size is 2.77 people.

The majority of houses, apartments or condos in Oakland Borough were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom4%
Two Bedrooms15.90%
Three Bedrooms56.60%
Four Bedrooms21.50%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.97
Median year structure was built1939
Median Value of occupied units$57,700
Median Price asked for vacant units$53,000

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1939
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.80%
Home Equity Loan9.10%
Simple Mortgage41.60%
Debt Free43.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%