Richfield, UT Real Estate
According to census data in the year 2000 there were 2,319 housing units in Richfield.
This represents a 12.2% growth from 2,067 in 1990.
Of those housing units, 2,315 were located in either urbanized areas or urban clusters, and 4 were located in what is classified as a rural area.
Homeownership rate in Richfield is about 75.3%.
Richfield's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.99 people.
The majority of houses, apartments or condos in Richfield were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 7.60% |
| Two Bedrooms | 23.10% |
| Three Bedrooms | 27.40% |
| Four Bedrooms | 23.80% |
| Five Bedrooms or more | 16.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.08 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $95,700 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $356 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 46.50% |
| Debt Free | 39.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
