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South Gate, CA Real Estate


According to census data in the year 2000 there were 24,277 housing units in South Gate. This represents a 5.8% growth from 22,946 in 1990.

Of those housing units, 24,277 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in South Gate is about 46.9%. South Gate's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 4.15 people.

The majority of houses, apartments or condos in South Gate were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type18.30%
One Bedroom32.50%
Two Bedrooms30%
Three Bedrooms16.20%
Four Bedrooms2.50%
Five Bedrooms or more0.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size4.51
Median year structure was built1949
Median Value of occupied units$161,400
Median Price asked for vacant units$158,000

Rented Homes, Apartments and Condos

Average Household Size3.82
Median year structure was built1960
Median Monthly Rent asked for vacant units$540

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage8.20%
Home Equity Loan4.10%
Simple Mortgage70.40%
Debt Free16.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs27%