Addison, TX Real Estate
According to census data in the year 2000 there were 8,109 housing units in Addison.
This represents a 58.7% growth from 5,110 in 1990.
Of those housing units, 8,109 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Addison is about 19.8%.
Addison's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 1.82 people.
The majority of houses, apartments or condos in Addison were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 7.40% |
| One Bedroom | 46.30% |
| Two Bedrooms | 30.20% |
| Three Bedrooms | 13.40% |
| Four Bedrooms | 2.30% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1993 |
| Median Value of occupied units | $222,400 |
| Median Price asked for vacant units | $237,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1982 |
| Median Monthly Rent asked for vacant units | $732 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 74.20% |
| Debt Free | 15.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
