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Spring City, UT Real Estate


According to census data in the year 2000 there were 371 housing units in Spring City. This represents a 21.6% growth from 305 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 371 were located in what is classified as a rural area.

Homeownership rate in Spring City is about 74.4%. Spring City's vacancy rate, including seasonal lodging, is about 14.6%. Average household size is 3.07 people.

The majority of houses, apartments or condos in Spring City were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom7.50%
Two Bedrooms25.30%
Three Bedrooms35.30%
Four Bedrooms17.50%
Five Bedrooms or more13.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.03
Median year structure was built1949
Median Value of occupied units$114,300
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size3.19
Median year structure was built1954
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan5.30%
Simple Mortgage42.70%
Debt Free49%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%