Hilo, HI Real Estate
According to census data in the year 2000 there were 16,028 housing units in Hilo.
This represents a 13.4% growth from 14,134 in 1990.
Of those housing units, 14,374 were located in either urbanized areas or urban clusters, and 1,654 were located in what is classified as a rural area.
Homeownership rate in Hilo is about 60.8%.
Hilo's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Hilo were built after 1973.
|Housing Units by Size|
|Five Bedrooms or more||3%|
Owned Homes, Apartments and Condos
|Average Household Size||2.76|
|Median year structure was built||1974|
|Median Value of occupied units||$153,800|
|Median Price asked for vacant units||$141,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.63|
|Median year structure was built||1972|
|Median Monthly Rent asked for vacant units||$406|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||13.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.1%|