Elk Ridge, UT Real Estate
According to census data in the year 2000 there were 437 housing units in Elk Ridge.
This represents a 189.4% growth from 151 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 437 were located in what is classified as a rural area.
Homeownership rate in Elk Ridge is about 95.7%.
Elk Ridge's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 4.48 people.
The majority of houses, apartments or condos in Elk Ridge were built after 1993.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.70% |
| Two Bedrooms | 3% |
| Three Bedrooms | 23.30% |
| Four Bedrooms | 32.30% |
| Five Bedrooms or more | 38.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 4.45 |
| Median year structure was built | 1993 |
| Median Value of occupied units | $197,000 |
| Median Price asked for vacant units | $231,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 5.17 |
| Median year structure was built | 1993 |
| Median Monthly Rent asked for vacant units | $1,125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 15.20% |
| Home Equity Loan | 9.10% |
| Simple Mortgage | 57.60% |
| Debt Free | 18% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.8% |
