Bay City, TX Real Estate
According to census data in the year 2000 there were 8,025 housing units in Bay City.
This represents a 2% decline from 8,189 in 1990.
Of those housing units, 7,918 were located in either urbanized areas or urban clusters, and 107 were located in what is classified as a rural area.
Homeownership rate in Bay City is about 53.4%.
Bay City's vacancy rate, including seasonal lodging, is about 14.4%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Bay City were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3% |
| One Bedroom | 18.20% |
| Two Bedrooms | 33.20% |
| Three Bedrooms | 39.30% |
| Four Bedrooms | 6.10% |
| Five Bedrooms or more | 0.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.86 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $62,900 |
| Median Price asked for vacant units | $40,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $329 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.90% |
| Home Equity Loan | 3.90% |
| Simple Mortgage | 47.20% |
| Debt Free | 47.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
