Cupertino, CA Real Estate
According to census data in the year 2000 there were 18,714 housing units in Cupertino.
This represents a 16.6% growth from 16,055 in 1990.
Of those housing units, 18,690 were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.
Homeownership rate in Cupertino is about 63.3%.
Cupertino's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in Cupertino were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 13.90% |
| Two Bedrooms | 23.80% |
| Three Bedrooms | 30.90% |
| Four Bedrooms | 23% |
| Five Bedrooms or more | 6.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $649,000 |
| Median Price asked for vacant units | $1,000,001 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $1,823 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7% |
| Home Equity Loan | 10.80% |
| Simple Mortgage | 60.70% |
| Debt Free | 21.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.9% |
