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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 Type1.40%
One Bedroom10.50%
Two Bedrooms20.40%
Three Bedrooms46.90%
Four Bedrooms19.50%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1964
Median Value of occupied units$99,200
Median Price asked for vacant units$113,700

Rented Homes, Apartments and Condos

Average Household Size2.92
Median year structure was built1972
Median Monthly Rent asked for vacant units$891

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage3.80%
Home Equity Loan3.70%
Simple Mortgage52.80%
Debt Free39.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%