Mechanicsville, VA Real Estate
According to census data in the year 2000 there were 11,918 housing units in Mechanicsville.
This represents a 38.4% growth from 8,613 in 1990.
Of those housing units, 11,868 were located in either urbanized areas or urban clusters, and 50 were located in what is classified as a rural area.
Homeownership rate in Mechanicsville is about 81.8%.
Mechanicsville's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Mechanicsville were built after 1983.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 3.40% |
| Two Bedrooms | 12.90% |
| Three Bedrooms | 51.70% |
| Four Bedrooms | 28.20% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $132,200 |
| Median Price asked for vacant units | $125,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $639 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 10.40% |
| Home Equity Loan | 12.50% |
| Simple Mortgage | 57% |
| Debt Free | 20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
