Oakland, PA Real Estate
According to census data in the year 2000 there were 647 housing units in Oakland.
This represents a 5.5% decline from 685 in 1990.
Of those housing units, 647 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 is about 85.9%.
Oakland's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Oakland were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.70% |
| Two Bedrooms | 33.10% |
| Three Bedrooms | 58.90% |
| Four Bedrooms | 3.60% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $52,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.36 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $485 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 40.40% |
| Debt Free | 47.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
