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Vails Gate, NY Real Estate


According to census data in the year 2000 there were 1,461 housing units in Vails Gate. This represents a 9.5% growth from 1,334 in 1990.

Of those housing units, 1,461 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Vails Gate is about 41.7%. Vails Gate's vacancy rate, including seasonal lodging, is about 2.7%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Vails Gate were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom25.40%
Two Bedrooms39.10%
Three Bedrooms27.40%
Four Bedrooms5.70%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1967
Median Value of occupied units$131,200
Median Price asked for vacant units$208,300

Rented Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1969
Median Monthly Rent asked for vacant units$575

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.90%
Home Equity Loan8.20%
Simple Mortgage55.50%
Debt Free34.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.4%