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Bay City, TX Real Estate


According to census data in the year 2000 there were 8,025 housing units in Bay City. This represents a 2% decline from 8,189 in 1990.

Of those housing units, 7,918 were located in either urbanized areas or urban clusters, and 107 were located in what is classified as a rural area.

Homeownership rate in Bay City is about 53.4%. Bay City's vacancy rate, including seasonal lodging, is about 14.4%. Average household size is 2.67 people.

The majority of houses, apartments or condos in Bay City were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type3%
One Bedroom18.20%
Two Bedrooms33.20%
Three Bedrooms39.30%
Four Bedrooms6.10%
Five Bedrooms or more0.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.86
Median year structure was built1968
Median Value of occupied units$62,900
Median Price asked for vacant units$40,600

Rented Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1975
Median Monthly Rent asked for vacant units$329

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.90%
Home Equity Loan3.90%
Simple Mortgage47.20%
Debt Free47.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.5%