Richmond, TX Real Estate
According to census data in the year 2000 there were 3,576 housing units in Richmond.
This represents a 3.6% growth from 3,453 in 1990.
Of those housing units, 3,548 were located in either urbanized areas or urban clusters, and 28 were located in what is classified as a rural area.
Homeownership rate in Richmond is about 58.6%.
Richmond's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 3.15 people.
The majority of houses, apartments or condos in Richmond were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.70% |
| One Bedroom | 19.70% |
| Two Bedrooms | 29.10% |
| Three Bedrooms | 36.60% |
| Four Bedrooms | 9.50% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.18 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $78,900 |
| Median Price asked for vacant units | $51,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.11 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $448 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.90% |
| Home Equity Loan | 2.80% |
| Simple Mortgage | 40.80% |
| Debt Free | 54.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.4% |
