Fairmount, NY Real Estate
According to census data in the year 2000 there were 4,527 housing units in Fairmount.
This represents a 5.4% decline from 4,784 in 1990.
Of those housing units, 4,527 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Fairmount is about 79.4%.
Fairmount's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Fairmount were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 5.10% |
| Two Bedrooms | 20.10% |
| Three Bedrooms | 50% |
| Four Bedrooms | 21.60% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $83,100 |
| Median Price asked for vacant units | $83,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.74 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $521 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 2.70% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 49.90% |
| Debt Free | 40.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
