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Menands, NY Real Estate


According to census data in the year 2000 there were 2,070 housing units in Menands. This represents a 9.3% decline from 2,283 in 1990.

Of those housing units, 2,070 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Menands is about 39.3%. Menands's vacancy rate, including seasonal lodging, is about 8.1%. Average household size is 2 people.

The majority of houses, apartments or condos in Menands were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type3.10%
One Bedroom20.70%
Two Bedrooms38.20%
Three Bedrooms20.40%
Four Bedrooms11.80%
Five Bedrooms or more5.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1957
Median Value of occupied units$124,300
Median Price asked for vacant units$115,600

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1969
Median Monthly Rent asked for vacant units$747

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.70%
Home Equity Loan8.10%
Simple Mortgage52.80%
Debt Free37.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%