Reading, PA Real Estate
According to census data in the year 2000 there were 34,309 housing units in Reading.
This represents a 0.1% growth from 34,276 in 1990.
Of those housing units, 34,309 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Reading is about 51%.
Reading's vacancy rate, including seasonal lodging, is about 12.2%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Reading were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.30% |
| One Bedroom | 20.90% |
| Two Bedrooms | 22.20% |
| Three Bedrooms | 28.30% |
| Four Bedrooms | 13.90% |
| Five Bedrooms or more | 10.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $44,500 |
| Median Price asked for vacant units | $30,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1942 |
| Median Monthly Rent asked for vacant units | $394 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 7% |
| Simple Mortgage | 48.10% |
| Debt Free | 39.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
