Amarillo, TX Real Estate
According to census data in the year 2000 there were 72,332 housing units in Amarillo.
This represents a 5.5% growth from 68,592 in 1990.
Of those housing units, 71,840 were located in either urbanized areas or urban clusters, and 492 were located in what is classified as a rural area.
Homeownership rate in Amarillo is about 63.3%.
Amarillo's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Amarillo were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.60% |
| One Bedroom | 15.50% |
| Two Bedrooms | 28.70% |
| Three Bedrooms | 43.40% |
| Four Bedrooms | 8.70% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $74,400 |
| Median Price asked for vacant units | $59,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $368 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 1.80% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 55.10% |
| Debt Free | 39.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
