Austin, TX Real Estate
According to census data in the year 2000 there were 276,611 housing units in Austin.
This represents a 27.4% growth from 217,054 in 1990.
Of those housing units, 273,678 were located in either urbanized areas or urban clusters, and 2,933 were located in what is classified as a rural area.
Homeownership rate in Austin is about 44.9%.
Austin's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Austin were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 6.30% |
| One Bedroom | 24.60% |
| Two Bedrooms | 27.90% |
| Three Bedrooms | 28.50% |
| Four Bedrooms | 11.10% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $124,700 |
| Median Price asked for vacant units | $116,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $729 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 66.40% |
| Debt Free | 23.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
