New York, NY Real Estate
According to census data in the year 2000 there were 3,200,912 housing units in New York.
This represents a 7% growth from 2,992,169 in 1990.
Of those housing units, 3,200,912 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in New York is about 30.2%.
New York's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in New York were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 10% |
| One Bedroom | 33.10% |
| Two Bedrooms | 30.50% |
| Three Bedrooms | 19.10% |
| Four Bedrooms | 4.70% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $211,900 |
| Median Price asked for vacant units | $193,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $659 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 5.70% |
| Simple Mortgage | 56.10% |
| Debt Free | 32.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.2% |
