Balch Springs, TX Real Estate
According to census data in the year 2000 there were 6,492 housing units in Balch Springs.
This represents a 4% growth from 6,244 in 1990.
Of those housing units, 6,492 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Balch Springs is about 58.8%.
Balch Springs's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 3.14 people.
The majority of houses, apartments or condos in Balch Springs were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.50% |
| One Bedroom | 11.80% |
| Two Bedrooms | 27.40% |
| Three Bedrooms | 48.60% |
| Four Bedrooms | 7.80% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.4 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $57,300 |
| Median Price asked for vacant units | $43,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $487 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 69.40% |
| Debt Free | 26.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
