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Union Bridge, MD Real Estate


According to census data in the year 2000 there were 418 housing units in Union Bridge. This represents a 12.7% growth from 371 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 418 were located in what is classified as a rural area.

Homeownership rate in Union Bridge is about 55.6%. Union Bridge's vacancy rate, including seasonal lodging, is about 10%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Union Bridge were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom11.20%
Two Bedrooms27%
Three Bedrooms41.10%
Four Bedrooms15.60%
Five Bedrooms or more3.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1939
Median Value of occupied units$111,300
Median Price asked for vacant units$129,200

Rented Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1939
Median Monthly Rent asked for vacant units$500

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage12%
Home Equity Loan12.60%
Simple Mortgage48.20%
Debt Free27.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%