West Chester, PA Real Estate
According to census data in the year 2000 there were 6,541 housing units in West Chester.
This represents a 1.3% growth from 6,457 in 1990.
Of those housing units, 6,541 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in West Chester is about 37.3%.
West Chester's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in West Chester were built after 1940.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4% |
| One Bedroom | 26.90% |
| Two Bedrooms | 23.80% |
| Three Bedrooms | 24.80% |
| Four Bedrooms | 14% |
| Five Bedrooms or more | 6.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $140,400 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1950 |
| Median Monthly Rent asked for vacant units | $590 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 10.10% |
| Simple Mortgage | 57.60% |
| Debt Free | 24.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
