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Allentown, PA Real Estate


According to census data in the year 2000 there were 45,960 housing units in Allentown. This represents a 0.7% growth from 45,636 in 1990.

Of those housing units, 45,960 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Allentown is about 53%. Allentown's vacancy rate, including seasonal lodging, is about 8.5%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Allentown were built after 1949.

Statistics

Housing Size

Housing Units by Size
Studio Type2.70%
One Bedroom21.10%
Two Bedrooms23.70%
Three Bedrooms35.20%
Four Bedrooms10.50%
Five Bedrooms or more6.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1944
Median Value of occupied units$76,900
Median Price asked for vacant units$65,100

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1955
Median Monthly Rent asked for vacant units$483

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage5.70%
Home Equity Loan9.60%
Simple Mortgage47%
Debt Free37.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%