Islip Terrace, NY Real Estate
According to census data in the year 2000 there were 1,784 housing units in Islip Terrace.
This represents a 7% growth from 1,667 in 1990.
Of those housing units, 1,784 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Islip Terrace is about 87.4%.
Islip Terrace's vacancy rate, including seasonal lodging, is about 1.6%.
Average household size is 3.21 people.
The majority of houses, apartments or condos in Islip Terrace were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 4.40% |
| Two Bedrooms | 11.50% |
| Three Bedrooms | 47.70% |
| Four Bedrooms | 27.70% |
| Five Bedrooms or more | 7.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.35 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $170,700 |
| Median Price asked for vacant units | $118,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $1,313 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 9.90% |
| Simple Mortgage | 59.60% |
| Debt Free | 21.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 26.3% |
