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Rio Grande, NJ Real Estate


According to census data in the year 2000 there were 1,266 housing units in Rio Grande. This represents a 1.1% growth from 1,252 in 1990.

Of those housing units, 1,266 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Rio Grande is about 74.8%. Rio Grande's vacancy rate, including seasonal lodging, is about 20.9%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Rio Grande were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom13.30%
Two Bedrooms37%
Three Bedrooms41.90%
Four Bedrooms5.50%
Five Bedrooms or more0.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1973
Median Value of occupied units$110,900
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size3.28
Median year structure was built1968
Median Monthly Rent asked for vacant units$565

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.80%
Home Equity Loan8%
Simple Mortgage56.30%
Debt Free31.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs26%