Gaffney, SC Real Estate
According to census data in the year 2000 there were 5,886 housing units in Gaffney.
This represents a 8% growth from 5,450 in 1990.
Of those housing units, 5,862 were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.
Homeownership rate in Gaffney is about 60%.
Gaffney's vacancy rate, including seasonal lodging, is about 7.8%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Gaffney were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 13.40% |
| Two Bedrooms | 33.50% |
| Three Bedrooms | 40.40% |
| Four Bedrooms | 8.80% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $71,000 |
| Median Price asked for vacant units | $73,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $299 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 9.10% |
| Simple Mortgage | 49.30% |
| Debt Free | 34.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
