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Hugo, CO Real Estate


According to census data in the year 2000 there were 446 housing units in Hugo. This represents a 16.4% growth from 383 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 446 were located in what is classified as a rural area.

Homeownership rate in Hugo is about 66.4%. Hugo's vacancy rate, including seasonal lodging, is about 20%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Hugo were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom9.90%
Two Bedrooms32.10%
Three Bedrooms37%
Four Bedrooms13.50%
Five Bedrooms or more7.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1945
Median Value of occupied units$70,200
Median Price asked for vacant units$86,000

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1959
Median Monthly Rent asked for vacant units$363

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.30%
Home Equity Loan3.90%
Simple Mortgage47.80%
Debt Free44%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%