Reading, MA Real Estate
According to census data in the year 2000 there were 8,823 housing units in Reading.
This represents a 8.9% growth from 8,104 in 1990.
Of those housing units, 8,823 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Reading is about 82.4%.
Reading's vacancy rate, including seasonal lodging, is about 1.5%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Reading were built after 1955.
|Housing Units by Size|
|Five Bedrooms or more||6.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.91|
|Median year structure was built||1955|
|Median Value of occupied units||$271,600|
|Median Price asked for vacant units||$247,900|
Rented Homes, Apartments and Condos
|Average Household Size||1.76|
|Median year structure was built||1961|
|Median Monthly Rent asked for vacant units||$683|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||12.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.7%|