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Papillion, NE Real Estate


According to census data in the year 2000 there were 5,716 housing units in Papillion. This represents a 64.3% growth from 3,478 in 1990.

Of those housing units, 5,708 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.

Homeownership rate in Papillion is about 72.6%. Papillion's vacancy rate, including seasonal lodging, is about 3.7%. Average household size is 2.88 people.

The majority of houses, apartments or condos in Papillion were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom10.30%
Two Bedrooms16.60%
Three Bedrooms39.20%
Four Bedrooms28.30%
Five Bedrooms or more4.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.23
Median year structure was built1981
Median Value of occupied units$126,100
Median Price asked for vacant units$86,000

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1982
Median Monthly Rent asked for vacant units$574

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage12.50%
Home Equity Loan11.50%
Simple Mortgage58.10%
Debt Free17%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18%