Portland, TX Real Estate
According to census data in the year 2000 there were 5,394 housing units in Portland.
This represents a 18.1% growth from 4,566 in 1990.
Of those housing units, 5,324 were located in either urbanized areas or urban clusters, and 70 were located in what is classified as a rural area.
Homeownership rate in Portland is about 63.2%.
Portland's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 2.95 people.
The majority of houses, apartments or condos in Portland were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 9% |
| Two Bedrooms | 14.70% |
| Three Bedrooms | 51.20% |
| Four Bedrooms | 22% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.98 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $89,800 |
| Median Price asked for vacant units | $93,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $563 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.40% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 65.80% |
| Debt Free | 29% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
