Takoma Park, MD Real Estate
According to census data in the year 2000 there were 7,173 housing units in Takoma Park.
This represents a 0.6% growth from 7,133 in 1990.
Of those housing units, 7,173 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Takoma Park is about 45.5%.
Takoma Park's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Takoma Park were built after 1951.
|Housing Units by Size|
|Five Bedrooms or more||3.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.87|
|Median year structure was built||1943|
|Median Value of occupied units||$189,200|
|Median Price asked for vacant units||$144,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.06|
|Median year structure was built||1959|
|Median Monthly Rent asked for vacant units||$676|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||7.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.3%|