Cumming, GA Real Estate
According to census data in the year 2000 there were 1,522 housing units in Cumming.
This represents a 47.6% growth from 1,031 in 1990.
Of those housing units, 1,484 were located in either urbanized areas or urban clusters, and 38 were located in what is classified as a rural area.
Homeownership rate in Cumming is about 47.6%.
Cumming's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Cumming were built after 1986.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 18.40% |
| Two Bedrooms | 30.20% |
| Three Bedrooms | 38.80% |
| Four Bedrooms | 11.80% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $150,500 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1988 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2.10% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 5.70% |
| Simple Mortgage | 62.70% |
| Debt Free | 26.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
