Los Altos, CA Real Estate
According to census data in the year 2000 there were 10,730 housing units in Los Altos.
This represents a 6.2% growth from 10,107 in 1990.
Of those housing units, 10,730 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Los Altos is about 86%.
Los Altos's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Los Altos were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 5.50% |
| Two Bedrooms | 15.20% |
| Three Bedrooms | 35.90% |
| Four Bedrooms | 34.50% |
| Five Bedrooms or more | 8.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $983,000 |
| Median Price asked for vacant units | $1,000,001 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $1,710 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 6% |
| Home Equity Loan | 10.40% |
| Simple Mortgage | 49.80% |
| Debt Free | 33.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
