Mayo, MD Real Estate
According to census data in the year 2000 there were 1,310 housing units in Mayo.
This represents a 13.7% growth from 1,152 in 1990.
Of those housing units, 1,310 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Mayo is about 89.2%.
Mayo's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Mayo were built after 1959.
|Housing Units by Size|
|Five Bedrooms or more||3.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.78|
|Median year structure was built||1959|
|Median Value of occupied units||$195,600|
|Median Price asked for vacant units||$275,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.04|
|Median year structure was built||1956|
|Median Monthly Rent asked for vacant units||$425|
Owners Finance Status
|Second Mortgage & Equity Loan||0.90%|
|Home Equity Loan||16.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||22.3%|