Wakefield-Peacedale, RI Real Estate
According to census data in the year 2000 there were 3,381 housing units in Wakefield-Peacedale.
This represents a 17.8% growth from 2,869 in 1990.
Of those housing units, 3,365 were located in either urbanized areas or urban clusters, and 16 were located in what is classified as a rural area.
Homeownership rate in Wakefield-Peacedale is about 71.3%.
Wakefield-Peacedale's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Wakefield-Peacedale were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 10.70% |
| Two Bedrooms | 24% |
| Three Bedrooms | 43.90% |
| Four Bedrooms | 15.90% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $151,700 |
| Median Price asked for vacant units | $129,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $850 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10% |
| Home Equity Loan | 8.90% |
| Simple Mortgage | 57.10% |
| Debt Free | 24% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.2% |
