Elwood, NY Real Estate
According to census data in the year 2000 there were 3,485 housing units in Elwood.
This represents a 2.9% growth from 3,387 in 1990.
Of those housing units, 3,485 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Elwood is about 94.1%.
Elwood's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 3.13 people.
The majority of houses, apartments or condos in Elwood were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.80% |
| Two Bedrooms | 6.80% |
| Three Bedrooms | 35% |
| Four Bedrooms | 42.80% |
| Five Bedrooms or more | 13.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.16 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $259,900 |
| Median Price asked for vacant units | $226,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $1,333 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 9.50% |
| Simple Mortgage | 53.80% |
| Debt Free | 32.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.9% |
