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Burbank, CA Real Estate


According to census data in the year 2000 there were 42,847 housing units in Burbank. This represents a 4% growth from 41,216 in 1990.

Of those housing units, 42,154 were located in either urbanized areas or urban clusters, and 693 were located in what is classified as a rural area.

Homeownership rate in Burbank is about 43.6%. Burbank's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Burbank were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type8.80%
One Bedroom26.70%
Two Bedrooms37.60%
Three Bedrooms21.60%
Four Bedrooms4.50%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1947
Median Value of occupied units$256,400
Median Price asked for vacant units$240,400

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1966
Median Monthly Rent asked for vacant units$789

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage11.20%
Home Equity Loan7.20%
Simple Mortgage55.50%
Debt Free25.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.4%