Cedar Mill, OR Real Estate
According to census data in the year 2000 there were 4,975 housing units in Cedar Mill.
This represents a 28.5% growth from 3,872 in 1990.
Of those housing units, 4,975 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cedar Mill is about 67.8%.
Cedar Mill's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Cedar Mill were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 9.50% |
| Two Bedrooms | 22% |
| Three Bedrooms | 28.80% |
| Four Bedrooms | 31.90% |
| Five Bedrooms or more | 6.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.9 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $269,600 |
| Median Price asked for vacant units | $292,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $624 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 10.60% |
| Home Equity Loan | 10.50% |
| Simple Mortgage | 62.70% |
| Debt Free | 15.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
