Richland Hills, TX Real Estate
According to census data in the year 2000 there were 3,303 housing units in Richland Hills.
This represents a 1% growth from 3,270 in 1990.
Of those housing units, 3,303 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Richland Hills is about 71%.
Richland Hills's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Richland Hills were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.30% |
| One Bedroom | 9.70% |
| Two Bedrooms | 26.40% |
| Three Bedrooms | 54% |
| Four Bedrooms | 6.90% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $73,400 |
| Median Price asked for vacant units | $78,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $519 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 2.80% |
| Simple Mortgage | 51.60% |
| Debt Free | 42.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
