Essex, MD Real Estate
According to census data in the year 2000 there were 17,027 housing units in Essex.
This represents a 3.7% decline from 17,675 in 1990.
Of those housing units, 17,027 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Essex is about 52.3%.
Essex's vacancy rate, including seasonal lodging, is about 6.1%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Essex were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.60% |
| One Bedroom | 17.30% |
| Two Bedrooms | 32.20% |
| Three Bedrooms | 39.20% |
| Four Bedrooms | 6.60% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $98,400 |
| Median Price asked for vacant units | $74,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $439 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 8.70% |
| Simple Mortgage | 48.90% |
| Debt Free | 34.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
