Terrace Heights, WA Real Estate
According to census data in the year 2000 there were 2,566 housing units in Terrace Heights.
This represents a 52.7% growth from 1,680 in 1990.
Of those housing units, 2,396 were located in either urbanized areas or urban clusters, and 170 were located in what is classified as a rural area.
Homeownership rate in Terrace Heights is about 80.6%.
Terrace Heights's vacancy rate, including seasonal lodging, is about 1.8%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Terrace Heights were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 5.30% |
| Two Bedrooms | 25% |
| Three Bedrooms | 51.50% |
| Four Bedrooms | 14.30% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $144,300 |
| Median Price asked for vacant units | $150,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $575 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 59.40% |
| Debt Free | 26.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
