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Richland, WA Real Estate


According to census data in the year 2000 there were 16,454 housing units in Richland. This represents a 18.6% growth from 13,872 in 1990.

Of those housing units, 16,086 were located in either urbanized areas or urban clusters, and 368 were located in what is classified as a rural area.

Homeownership rate in Richland is about 66.3%. Richland's vacancy rate, including seasonal lodging, is about 5.6%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Richland were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom10.50%
Two Bedrooms24.20%
Three Bedrooms36.50%
Four Bedrooms19.40%
Five Bedrooms or more7.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1969
Median Value of occupied units$128,400
Median Price asked for vacant units$113,800

Rented Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1971
Median Monthly Rent asked for vacant units$539

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.60%
Home Equity Loan5.60%
Simple Mortgage55.50%
Debt Free32.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%