Richboro, PA Real Estate
According to census data in the year 2000 there were 2,064 housing units in Richboro.
This represents a 33.3% growth from 1,548 in 1990.
Of those housing units, 2,064 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Richboro is about 96.4%.
Richboro's vacancy rate, including seasonal lodging, is about 0.3%.
Average household size is 3.2 people.
The majority of houses, apartments or condos in Richboro were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 0% |
| Two Bedrooms | 5.40% |
| Three Bedrooms | 26.10% |
| Four Bedrooms | 59.90% |
| Five Bedrooms or more | 7.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.26 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $228,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.64 |
| Median year structure was built | 1962 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 15.20% |
| Simple Mortgage | 55.60% |
| Debt Free | 24.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.4% |
