Pennsauken, NJ Real Estate
According to census data in the year 2000 there were 12,938 housing units in Pennsauken.
This represents a 1.8% growth from 12,713 in 1990.
Of those housing units, 12,938 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Pennsauken is about 80.5%.
Pennsauken's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.83 people.
The majority of houses, apartments or condos in Pennsauken were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 10.20% |
| Two Bedrooms | 17% |
| Three Bedrooms | 53% |
| Four Bedrooms | 15.50% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.98 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $95,300 |
| Median Price asked for vacant units | $83,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $539 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 9% |
| Simple Mortgage | 55.10% |
| Debt Free | 28.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.9% |
