Lower Allen, PA Real Estate
According to census data in the year 2000 there were 3,125 housing units in Lower Allen.
This represents a 7% growth from 2,921 in 1990.
Of those housing units, 3,125 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lower Allen is about 73.6%.
Lower Allen's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.13 people.
The majority of houses, apartments or condos in Lower Allen were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 13.70% |
| Two Bedrooms | 19.20% |
| Three Bedrooms | 48.70% |
| Four Bedrooms | 15% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $113,600 |
| Median Price asked for vacant units | $94,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $545 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 10.30% |
| Simple Mortgage | 43.90% |
| Debt Free | 36.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
