Farmers Branch, TX Real Estate
According to census data in the year 2000 there were 10,220 housing units in Farmers Branch.
This represents a 10.9% growth from 9,213 in 1990.
Of those housing units, 10,207 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.
Homeownership rate in Farmers Branch is about 68.3%.
Farmers Branch's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.87 people.
The majority of houses, apartments or condos in Farmers Branch were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 10.50% |
| Two Bedrooms | 20.40% |
| Three Bedrooms | 46.90% |
| Four Bedrooms | 19.50% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $99,200 |
| Median Price asked for vacant units | $113,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.92 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $891 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 52.80% |
| Debt Free | 39.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
