Cato, NY Real Estate
According to census data in the year 2000 there were 254 housing units in Cato.
This represents a 13.9% growth from 223 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 254 were located in what is classified as a rural area.
Homeownership rate in Cato is about 59.9%.
Cato's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Cato were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 18.50% |
| Two Bedrooms | 23.20% |
| Three Bedrooms | 37.40% |
| Four Bedrooms | 18.10% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $68,500 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $450 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 13.70% |
| Simple Mortgage | 43.50% |
| Debt Free | 42.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
