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Cottage City, MD Real Estate


According to census data in the year 2000 there were 503 housing units in Cottage City. This represents a 0.4% growth from 501 in 1990.

Of those housing units, 503 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cottage City is about 63.4%. Cottage City's vacancy rate, including seasonal lodging, is about 7.6%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Cottage City were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type11.10%
One Bedroom19.10%
Two Bedrooms22.50%
Three Bedrooms35.20%
Four Bedrooms8%
Five Bedrooms or more4.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1945
Median Value of occupied units$105,300
Median Price asked for vacant units$96,700

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1971
Median Monthly Rent asked for vacant units$517

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.10%
Second Mortgage14.30%
Home Equity Loan6.80%
Simple Mortgage58.90%
Debt Free18.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.1%