Melrose Park, NY Real Estate
According to census data in the year 2000 there were 931 housing units in Melrose Park.
This represents a 13.1% growth from 823 in 1990.
Of those housing units, 879 were located in either urbanized areas or urban clusters, and 52 were located in what is classified as a rural area.
Homeownership rate in Melrose Park is about 91.6%.
Melrose Park's vacancy rate, including seasonal lodging, is about 2.5%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Melrose Park were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 1% |
| Two Bedrooms | 21.10% |
| Three Bedrooms | 51.60% |
| Four Bedrooms | 23.30% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $86,400 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.11 |
| Median year structure was built | 1950 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 11.20% |
| Simple Mortgage | 54.20% |
| Debt Free | 29.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
