Lodi, NJ Real Estate
According to census data in the year 2000 there were 9,908 housing units in Lodi.
This represents a 4.6% growth from 9,472 in 1990.
Of those housing units, 9,908 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lodi is about 42.1%.
Lodi's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Lodi were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 27.60% |
| Two Bedrooms | 37.90% |
| Three Bedrooms | 23% |
| Four Bedrooms | 6.10% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $172,600 |
| Median Price asked for vacant units | $261,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $797 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 10% |
| Simple Mortgage | 43% |
| Debt Free | 42.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 26% |
