Prospect Park, PA Real Estate
According to census data in the year 2000 there were 2,683 housing units in Prospect Park.
This represents a 1.1% decline from 2,712 in 1990.
Of those housing units, 2,683 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Prospect Park is about 61.6%.
Prospect Park's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Prospect Park were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 17.40% |
| Two Bedrooms | 26.70% |
| Three Bedrooms | 38.60% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.08 |
| Median year structure was built | 1941 |
| Median Value of occupied units | $98,100 |
| Median Price asked for vacant units | $79,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.55 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $699 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 7.70% |
| Simple Mortgage | 56% |
| Debt Free | 27.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.6% |
