Springfield, NJ Real Estate
According to census data in the year 2000 there were 6,204 housing units in Springfield.
This represents a 3.6% growth from 5,990 in 1990.
Of those housing units, 6,204 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Springfield is about 74%.
Springfield's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Springfield were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 16.40% |
| Two Bedrooms | 21.80% |
| Three Bedrooms | 34.90% |
| Four Bedrooms | 23.50% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $250,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.72 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $795 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 8.70% |
| Simple Mortgage | 49.80% |
| Debt Free | 35.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.8% |
